Mexican Media Brands
GM Korea Workers Ratify New Contract
Hourly employees of General Motors Co.'s South Korean unit have approved a new one-year accord by a narrow margin after two weeks of mini-strikes.
#labor
Share
Hourly employees of General Motors Co.'s South Korean unit have approved a new one-year accord by a narrow margin after two weeks of mini-strikes.
Under the contract, GM guarantees job security to union members and agrees to pay each worker a 10 million-won bonus ($8,800), according to Reuters. It says walkouts this month cost the company 124 hours of vehicle production.
RELATED CONTENT
-
Targets of U.S. Aluminum and Steel Tariffs Declare Counter-Measures
As expected, the European Union, Canada and Mexico have announced a broad array of counter-tariffs in response to U.S. import taxes of 10% on foreign aluminum and 25% on foreign steel that went into effect at midnight.
-
On the Management Side: Dealing with Rule Breakers
When an employee breaks the rules, what should his or her boss do about it?It’s an important question because the answer can affect the employee’s future behavior, his department’s morale—even a company’s relationship with a union, if one is involved.Every manager, therefore, should review his disciplinary methods periodically to make sure they are producing the most constructive results.
-
GM Offers Buyouts to 18,000 Salaried Workers
General Motors Co. is launching a new round of buyouts for about 18,000 of its 50,000 white-collar employees in North America.