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Hyundai labor union to strike for 4 hours

Hyundai's union said 46,000 workers will strike union four hours in two days this week, higher wages and benefits, increasing the pressure on car manufacturers.
Oh Kim Union Human Rights said on Tuesday, and Hyundai Motor Co. management talks made ??little progress.
In the three months of the year negotiations, the union for higher wages and benefits. But talks broke down, the union voted to strike the second time in two years.
Labor disputes have dragged down earnings after Hyundai and Kia subsidiary tough union leaders elected. Earlier this year, South Korea's Hyundai workers refused to work overtime three weeks. This leads to yield losses 83,000 vehicles worth 1.7 trillion won ($ 1.5 billion), according to the company. In 2012, Elantra and Santa Fe manufacturers estimate that the loss of production of 82,000 vehicles, worth 1700000000000-92 won the strike.
Hyundai Motor Company manage another round of talks scheduled for Thursday. The right to say, almost no chance of a breakthrough.
Modern estimates it will lose production of about 2,100, the value of 43.5 one billion KRW (about $ 390,000), from the union of the four-hour strike and refused to work overtime.
Unions want to get improved benefits, including 10 trillion won ($ 8,900) to support and help the child workers unions seek employment opportunities, and if they do not go to college, a 130,000 won ($ 116) monthly basic income increase, bigger bonuses and full reimbursement of medical expenses for workers, if workers have been diagnosed with cancer.
Modern, said last week that many union demands unacceptable.
Kia Motors Corporation's trade union organization engaged in similar actions. Kia's 34,000 workers on Wednesday decided to go for two hours, according to the union's website.
 



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