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Industry

Hyundai Motor Securities agrees 2.5 percent pay rise and 500 treasury shares

Hyundai Motor Securities has finalised a 2026 wage agreement with its labour union. Under the deal, employees’ annual pay will rise by an average 2.5 percent based on the total wage bill, and staff will receive 500 shares of the company’s stock. The company will also raise the total payout rate under its pay-peak system and cut monthly fixed overtime hours. Labour and management also agreed to launch a joint social contribution programme this year.

Games & Commerce

Kakao wage deal tentative agreement approved, labour dispute moves toward close

Kakao’s tentative 2026 wage agreement with its labour union has been approved in a vote by union members, ending more than two months of wage bargaining conflict. The union said no unusual issues are expected following the approval, and the talks will formally end after procedures including a signing ceremony, though the date is undecided. Kakao said the deal includes a 6.3 percent increase in the annual salary pool and a 3 million won special incentive payment.

Games & Commerce

Kakao union to step up June strike plans after wage talks collapse

Kakao’s labour union said it will move to industrial action including a strike after wage agreement talks with the company collapsed. The union said it would begin full preparations for a June strike after the labour commission decided to halt mediation on Kakao’s 2026 wage agreement negotiations. The union criticised the company’s negotiating stance and cited issues including performance pay and management changes.