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Kakao management, union reach tentative wage deal to end two-month dispute

Kakao and its union reached a tentative agreement on wage talks, ending a dispute that lasted more than two months, the ICT industry said. The union will brief members on the deal and hold a vote to decide whether to accept it. The two sides agreed not to disclose details such as the wage increase rate until a final settlement. The dispute centered on pay growth, bonuses and whether RSUs should be included in performance compensation.