Business News
Home > Business News
Kia workers OK wage deal without strike for 1st time in 10 years
TIWN
TIWN

PHOTO : TIWN
Seoul, Aug 28 (TIWN) Unionised workers at Kia, South Korea's second-biggest carmaker, have voted to accept the company's wage proposals without a strike for the first time in a decade.
Kia said 68 percent of 26,945 workers voted in favor of wage offers that include an increase of 75,000 won ($64.30) in monthly basic pay, two months of wages in performance-based pay and cash bonuses worth 5.8 million won.
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research