[Alpha Biz= Reporter Kim Jisun] Hanwha Ocean has successfully concluded its labor negotiations with the union for this year. 

 

The company announced on October 13 that the collective bargaining agreement, which includes a wage increase, was finalized after reaching consensus between labor and management on October 9, as confirmed by a vote among all union members on the 11th. The agreement stipulates an increase in the base salary by 117,404 won, along with a one-time settlement payment and a solidarity bonus of 3.7 million won.

Negotiations had been ongoing since May but faced significant hurdles due to differences in positions. The union initially filed for mediation with the Gyeongnam Regional Labor Committee, but the stark differences in viewpoints led to a suspension of mediation in July. In response, the Gyeongnam Regional Labor Committee has been providing post-mediation services to both parties, considering the potential social impact of strikes or labor disputes.

With the completion of these negotiations, Hanwha Ocean can now focus on stabilizing its production processes. In the context of challenging business conditions, the successful conclusion of the collective bargaining agreement reflects a positive step towards cooperation and normalization of operations, indicating that effective communication between labor and management can lead to mutually beneficial outcomes.

 

 

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