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HD Hyundai labor disputes and industrial safety issues

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2026-08-31 09:54 UTC → 2026-09-11 09:16 UTC · added ~~removed~~

Labor unions representing three major subsidiaries of HD Hyundai—including Heavy Industries, Construction Equipment, and Electric—have secured the legal right to strike. The unions are demanding a larger share of operating profits to compensate for previous industry downturns, with the Heavy Industries union specifically requesting that at least 30% of operating profits be allocated to performance bonuses. While unions expressed a preference for negotiations, the situation escalated following a fatal industrial accident on August 30, where a worker was found deceased in a boiler machine room. This incident led the Busan Regional Employment and Labor Office to issue a partial work stoppage order regarding the use of A-frame ladders. ~~These developments occur as~~ On August 11, the ~~company manages a significant order backlog. The unions plan to initiate phased~~ labor union at HD Hyundai Heavy Industries launched its first full-scale partial ~~strikes in early September if~~ strike of the year. The four-hour work stoppage involved all union members following the rejection of the company’s third proposal regarding wage and collective bargaining ~~fails, which may impact production schedules.~~ agreements. The union is seeking significant increases in base pay and profit-sharing, while management has proposed a base pay increase of 110,000 won, supplemented by a 10 million won incentive, a 200% bonus, and gift certificates. Management argues that a higher proportion of variable pay is necessary to respond to shipbuilding market fluctuations. The union has announced further industrial action, including 4-hour stoppages on August 14 and 15, and 7-hour stoppages from August 16 to 18. Both parties have agreed to intensive daily negotiations to attempt a tentative agreement before the Chuseok holiday.

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