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Shipbuilding South Korea HHI

HD Hyundai Heavy union seeks 30% share of operating profit

  • Union cites HHI’s surging earnings, seeking higher base pay, doubled bonuses and broader benefits
  • Push follows Samsung Electronics’ high-profile bonus deal, which unions say is raising expectations for profit sharing across major industries
  • Analysts expect HD HHI to resist the full proposal, though the company says it will negotiate ‘in good faith’ towards an agreement

  • News

HD Hyundai Heavy Industries’ union will demand at least 30% of operating profit in upcoming wage talks — a first for the shipbuilding sector

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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