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labor relations

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    Report: Hyundai, union reach tentative labor deal

    According to Reuters, South Korea's labor unions may have reached a tentative deal with Hyundai following a compromise between the two sides on wages. Workers have staged a number of stoppages since August 20, which have cost the South Korean giant 1.02 trillion won – around $1.1B US. It ...

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    Report: Hyundai comes to terms with Korean union

    Following a tumultuous four months, it appears Hyundai and its labor union have buried the hatchet. According to a report by the Associated Press, the Korean automaker and its labor union have struck an accord that will end the company's first strike in four years. The deal between the two ...

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    Report: Hyundai union threatens strike as Kia union turns back wage proposal

    Hyundai and Kia are having a great 2011 so far, with sales numbers reaching new heights seemingly every month. The summer sun might disappear, however, as storm clouds appear to be looming on the South Korean horizon. According to Reuters, Hyundai's home market management is working with the ...

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    REPORT: UAW agrees to ban strikes?(!)

    According to a post on The Detroit Bureau, a key stipulation in the tentative contract reached between the United Auto Workers and Chrysler is that the union's right to strike will be all but eliminated for at least the next few years.As quoted in the story, Harley Shaiken, a labor relations ...

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    Hyundai union kicks it up a notch

    Hyundai's South Korean autoworkers, 80 percent of which are unionized, want Hyundai to show them the money, and they want it now. Members of the Korean Confederation of Trade Unions employed by Hyundai are asking for a 9.1-percent increase in base pay as well as incentive payments, ...

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    VW of Germany looking to lengthen work week for same pay

    Volkswagen is looking to lengthen their employee's work week, without any additional financial compensation, a cost-cutting move to designed to help stabilize the company's bottom line. But before labor sympathizers get out their sandwich boards and picket signs, it must be noted that the ...


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