Industry
Hyundai Heavy workers vote for wage deal with management
Dec. 28, 2015
Unionized workers at Hyundai Heavy Industries Co., a major South Korean shipbuilder, voted on Monday in favor of a deal tentatively reached with the management during their annual wage negotiations. Of 15,131 votes cast by its unionists, 8,894 workers, or 58.78 percent, supported the deal reached late last week between leaders of labor union and company officials. Both sides earlier agreed to freeze the base salary but give workers a 100-percent bonus along with 1.5 million won (US$1,287) w