Business Autos 26 Mar 2019 Hyundai signs wage a ...

Hyundai signs wage agreement

FC INVESTIGATIVE BUREAU
Published Mar 26, 2019, 12:46 am IST
Updated Mar 26, 2019, 12:46 am IST
As per the agreement, technicians will receive an average salary increase of Rs 25,200 per month.
The wage settlement agreement was signed between the company's management and the recognised union, United Union of Hyundai Employees, it added.
 The wage settlement agreement was signed between the company's management and the recognised union, United Union of Hyundai Employees, it added.

Chennai: Hyundai Motor India on Monday said it has signed a wage settlement agreement with the workers of its Chennai plant, under which the technicians will get an average salary increase of Rs 25,200 per month spread over three years.

The three-year wage settlement will be implemented with retrospective effect from April 2018 and will remain effective until March 2021, Hyundai Motor India (HMIL) said in a statement. The wage settlement agreement was signed between the company's management and the recognised union, United Union of Hyundai Employees, it added. As per the agreement, technicians will receive an average salary increase of Rs 25,200 per month.

 

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