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KB Kookmin Bank's labor union voted for the strike with an overwhelming percentage, demanding incentives.
It means that if the demands such as bonus increases are not fulfilled in wage and collective agreement negotiations with the management, they will not be able to go on strike. If it is put into action, it will be the first strike in six years since 2019.
In the aftermath of the COVID-19 crisis and the sluggish economy, controversy is expected over whether all interest income, which has risen as household and corporate loans have soared in recent years, can be evaluated as the "management performance" of bank executives and employees, and whether it is desirable to increase incentives with those profits.
According to the financial sector on the 15th, KB Kookmin Bank's labor union voted for the industrial action (general strike) on the 14th, and 9,274 (95.59%) out of 9,702 union members (88.22% of the vote) voted in favor.
The union declared a breakdown in wage and collective bargaining on the 26th of last month and applied to the Central Labor Relations Commission under the Ministry of Employment and Labor to mediate the labor dispute, but the National Labor Relations Commission decided to suspend the mediation because it could not reach an agreement.
The union is currently demanding ▲ 300% (performance pay) + 10 million won (based on normal wages) ▲ wage increase rate ▲ expansion of new hiring ▲ increase in subsidies ▲ improvement of the medical expenses support system ▲ improvement of the wage peak system, etc. in wage and collective bargaining negotiations.
An official from KB Kookmin Bank said, "The results of the union vote came out in favor, but if there is a strike, customers will inevitably suffer inconvenience, so we will gather opinions with the union as soon as possible through additional negotiations."
According to the 2023 business report, the average salary per KB Kookmin Bank employee is around 120 million won.
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It means that if the demands such as bonus increases are not fulfilled in wage and collective agreement negotiations with the management, they will not be able to go on strike. If it is put into action, it will be the first strike in six years since 2019.
In the aftermath of the COVID-19 crisis and the sluggish economy, controversy is expected over whether all interest income, which has risen as household and corporate loans have soared in recent years, can be evaluated as the "management performance" of bank executives and employees, and whether it is desirable to increase incentives with those profits.
According to the financial sector on the 15th, KB Kookmin Bank's labor union voted for the industrial action (general strike) on the 14th, and 9,274 (95.59%) out of 9,702 union members (88.22% of the vote) voted in favor.
The union declared a breakdown in wage and collective bargaining on the 26th of last month and applied to the Central Labor Relations Commission under the Ministry of Employment and Labor to mediate the labor dispute, but the National Labor Relations Commission decided to suspend the mediation because it could not reach an agreement.
The union is currently demanding ▲ 300% (performance pay) + 10 million won (based on normal wages) ▲ wage increase rate ▲ expansion of new hiring ▲ increase in subsidies ▲ improvement of the medical expenses support system ▲ improvement of the wage peak system, etc. in wage and collective bargaining negotiations.
An official from KB Kookmin Bank said, "The results of the union vote came out in favor, but if there is a strike, customers will inevitably suffer inconvenience, so we will gather opinions with the union as soon as possible through additional negotiations."
According to the 2023 business report, the average salary per KB Kookmin Bank employee is around 120 million won.
AI Anchor|Y-GO
Edit Caption | Line
#NowNews
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
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