✉news EnvironmentOceans first seen 1 d ago, last 1 d ago, peak #25
Hanwha Ocean and Union Reach Tentative Wage Deal
Original: South Korea's Hanwha Ocean, Union Reach Tentative Deal After 30th Round of Talks: Base Pay Up 140,000 Won, Lump Sum of 8.5 Million Won
South Korea's shipbuilder Hanwha Ocean and its labor union have reached a tentative agreement after a 30th round of wage negotiations. The deal includes a 140,000 won increase in base monthly pay and a lump-sum payment of 8.5 million won per worker. The agreement, if ratified, would end a prolonged standoff over pay and working conditions at one of the country's major defense and shipbuilding employers.
Why now: The tentative deal ends a lengthy, high-stakes wage dispute at a major South Korean shipbuilder amid booming shipyard demand.
Hanwha OceanHanwha Ocean labor unionSouth Korea
Evidence
- South Korea's Hanwha Ocean, Union Reach Tentative Deal After 30th Round of Talks: Base Pay Up 140,000 Won, Lump Sum of 8.5 Million Won · BigGo Finance
API: https://socialmediatrends-api.osmike.com/v1/trends/3851179