Union at Kia Corp suspends strike action to resume talks with company

  • 📰 therealautoblog
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Kia union is seeking a minimum basic monthly pay increase, more performance pay, and a 4-day work week.

Talks have been ongoing for three monthsCorp's union in South Korea said it would suspend for now a partial strike announced earlier on Wednesday to pursue more talks with the company.

Earlier, the union said it would limit working hours for six working days from Oct. 12 after negotiations stalled, in what would have been the first industrial action at Kia in three years. Last month, the union at South Korea's second largest automaker with more than 26,600 members said 92.3% of its members had approved strike action unless the management accepts their demands.Motor Co avoided a strike after the union and the management last month sealed a deal set to boost annual pay by about 12%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 528. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Union at Kia Corp suspends strike action to resume talks with companyKia Corp's (000270.KS) union in South Korea said it would suspend for now a partial strike announced earlier on Wednesday to pursue more talks with the company.
Source: Reuters - 🏆 2. / 97 Read more »

Microsoft Corp. stock outperforms market on strong trading daySupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »

GameStop Corp. Cl A stock rises Monday, outperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »

GameStop Corp. Cl A stock outperforms market on strong trading daySupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »