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KIA MOTORS, UNION WORKERS REACH AGREEMENT TO END SIX-WEEK STRIKE.
SEOUL, Sept 1 Asia Pulse - Kia Motors Corp. (KSE:000270) said Friday its labor union tentatively agreed to end a six-week strike, joining Hyundai Motor Co. (KSE:005380) and Ssangyong Motor Co. (KSE:003620) in settling labor disputes this year.
In their agreement, Kia Motors will increase monthly salaries by 5.7 per cent and give other bonuses worth 2 million won (US$2,080) to each ...
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Source: HighBeam Research, KIA MOTORS, UNION WORKERS REACH AGREEMENT TO END SIX-WEEK STRIKE.