SEOUL, South Korea (AP) _ Union workers at Kia Motors Corp. voted
Friday to approve a new wage agreement, the carmaker said, putting
an end to a series of strikes that took place amid negotiations.
Workers approved a 5.2 per cent increase in basic pay for this
year, a special bonus equivalent to two months' salary and a lump
sum payment of one million won (US$1,052), said company spokesman
Michael Choo.
Fifty-eight per cent of the 27,163 union members that voted cast
ballots in favour of the deal, Choo said.
Kia workers had staged partial strikes between June 28 and July
20 seeking an 8.9 per cent annual increase in basic pay.
Monday, the union held a four-hour strike after rejecting the
company's offer of a 5.2 per cent pay hike, a special bonus
equivalent to 1.5 months' pay and the one-million-won lump sum
payment.
The two sides reached a tentative agreement Tuesday, which was
subject to vote.
Kia is an affiliate of Hyundai Motor Co., the world's
sixth-largest automaker.
Labour unions at the two companies are known for their militancy.
Hyundai's union has gone on strike every year but one since it was
founded in 1987.