From
Send to

Renault Samsung’s workers reject wage deal

Aug. 31, 2014 - 20:53 By Seo Jee-yeon
Workers of Renault Samsung Motor voted down a tentative wage deal their union had reached with management earlier this year, contending that it falls short of their expectations, the company confirmed on Sunday.

The agreement was rejected on Friday, with 62.9 percent of the 2,448 union members voting against it.

The union of the carmaker said it plans to hold a general meeting of workers next week to discuss the future course of action.

The latest development may lead to partial walkouts similar to those that have disrupted production since July, company officials said.

Under the tentative agreement, the company had planned to increase the pay of each worker by 65,000 won on average with a “production incentive bonus” equivalent to 150 percent of standard pay. Another 50 percent bonus would have been given at the end of the year, if annual vehicle output targets were reached.

The workers also would have received 3 million won ($2,960) in special incentive bonus, it said. (Yonhap)