Mexican Media Brands
GM Workers in Korea Vote to Strike
Union workers at GM Korea have voted to strike for the fourth consecutive year, this time over demands that General Motors Co. modify its 60-year-old wage structure, Reuters reports.
#labor
Share
Union workers at GM Korea have voted to strike for the fourth consecutive year, this time over demands that General Motors Co. modify its 60-year-old wage structure, Reuters reports.
Workers want GM to comply with a Korean supreme court ruling late last year that says employers should include fixed bonuses as part of base wages. Doing so would increase overtime and severance pay calculations, which are indexed to a worker's wage rate. Employers say the change could boost labor costs.
GM workers also want the company to hike output in Korea to offset lost production of Chevrolet small cars for the European market. GM plans to phase out the Chevy brand in that region by the end of 2015.
GM is not alone in the debate about wage structure. Reuters notes that similar talks with workers are under way at Hyundai and Renault.
RELATED CONTENT
-
GM Unit Stresses Driver Training in Autonomous Cars
General Motors Co.’s Cruise Automation unit says it puts backup drivers and auditors through extensive training before allowing them to participate in real-world autonomous vehicle tests.
-
Volvo and Uber Strike Deal for Autonomous Vehicles
Volvo—the gutsiest car company on the planet is likely to become the most autonomous-tech related vehicle provider in the world as it has announced a framework agreement with Uber under which it will sell “tens of thousands of autonomous driving compatible vehicles [to Uber] between 2019 and 2021.”
-
Labor: A Study of the Automotive Industry's Scarce Resource (PART 1 OF 3)
The shift is on to using lighter materials for the vehicles at Ford, with aluminum being an important aspect of this shift. Here's what's happening.