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GM Korea's union OKs wage deal

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(Globalpost/GlobalPost)

SEOUL, July 26 (Yonhap) -- GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., said Friday its unionized workers endorsed a tentative wage deal reached earlier this week.

"The agreement was supported by 54.3 percent of 13,250 union members who voted," the carmaker said in a statement in English.

The agreement calls for a hike of 92,000 won (US$82) in basic salaries and 10 million won in a lump-sum incentive payment and performance-related bonus, according to GM Korea.

The deal comes after thousands of workers downed tools for 124 hours between July 4 and July 23. The partial strike disrupted the carmaker's production, said the company, without elaborating.

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http://www.globalpost.com/dispatch/news/yonhap-news-agency/130726/gm-koreas-union-oks-wage-deal