Korea GM has finalized its wage and collective bargaining agreement before the summer vacation, becoming the first in the domestic auto industry to do so.
On July 28, the Korea Metal Workers' Union Korea GM branch announced that 3,500 out of 6,513 eligible voters (56.5%) approved the tentative agreement following a two-day voting period that began on July 27.
The negotiations between Korea GM and its labor union began on May 27 and included 17 sessions leading up to the tentative agreement.
The key points of the agreement include a basic salary increase of 92,000 won and a one-time payment of 15 million won related to the company's performance in 2025.
Regarding the production allocation for the next-generation small SUV (9BXX-2), it was agreed to finalize the details by the third quarter of next year. This marks the first time since 2018 that Korea GM has concluded wage and collective bargaining before the summer vacation.
A representative from the Korea GM union stated, "We will work to ensure job security and improve rights to open a sustainable future for Korea GM."
* This article has been translated by AI.
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