The Hyundai Motor Union will hold a launch ceremony for its Central Dispute Countermeasures Committee on June 30 [1].

This move signals a potential for the company to face its second consecutive year of labor strikes, which could disrupt production schedules at one of the world's largest automakers [1].

The union secured the legal right to strike on June 25 following a decision by the National Labor Relations Commission that mediation had failed [1, 2]. Prior to this, the union conducted a strike vote among all members on June 24 or 25 [1, 3], with voting taking place at the Ulsan plant main building [3].

During the upcoming meeting on June 30, union leadership will discuss the specific schedule, methods, and intensity of the planned industrial action [1, 2]. The union is pushing for several key financial and policy changes to improve worker conditions.

Among the primary demands is a monthly base salary increase of 149,600 won [1]. The union is also seeking a performance bonus equal to 30% of the company's net profit [1]. Additional demands include an increase in bonuses, and the extension of the legal retirement age [1, 2].

Negotiations between the union and company management have stalled due to a significant gap in their respective positions [1, 2]. The union said the current terms offered by the company are insufficient to meet the needs of the workforce.

Because the legal threshold for a strike has been met, the committee's decisions on June 30 will determine how quickly and severely the labor action will be implemented [1].

“The union secured the legal right to strike on June 25.”

The potential for a second consecutive year of strikes suggests a deepening rift between Hyundai's management and its workforce regarding profit sharing and aging demographics. By demanding a specific percentage of net profits and an extension of the retirement age, the union is attempting to tie worker compensation directly to the company's global financial success while addressing the long-term security of an aging labor force.