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South Korea's Hyundai Motor union rejects tentative wage deal

The voting took place on Friday with a turnout of 88 percent, with the result tabulated early on Saturday

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Hyundai Motor

Reuters  |  Seoul 

South Korean automaker Hyundai Motor Co's labour union said on Tuesday its members have rejected the tentative wage deal its leadership had agreed with management last week. The union in a statement said 50.2 percent of 45,008 voters rejected the deal as they deemed wage levels were inadequate compared with previous years' agreements, whereas 48.2 percent accepted the terms. The remaining votes were invalid. The voting took place on Friday with a turnout of 88 percent, with the result tabulated early on Saturday. The union said it will do its best to reach a new ...

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First Published: Tue, December 26 2017. 13:43 IST
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