en.Wedoany.com Reported - Hyundai Motor's union in South Korea has approved a strike after prolonged deadlock in wage negotiations with management.

Yonhap News Agency reported: "Union data shows that among 39,668 union members who participated in the vote, 86.65% supported the strike plan, with a voter turnout of 94.15%."

If the South Korean Labor Relations Commission decides to terminate mediation between the union and management, this voting result will grant the union the legal right to strike. The commission is expected to announce its decision on Thursday.

The report noted that Hyundai Motor's union and management have held 11 rounds of negotiations on wages since May but have failed to bridge their differences.

The union's demands include: a monthly basic wage increase of 149,600 won (approximately $97); using 30% of the company's net profit from last year for performance bonuses; raising the bonus ratio from 750% to 800%; extending the retirement age to 65; and strengthening job security amid the proliferation of robotics technology.

Last year, Hyundai Motor's union staged a partial strike for the first time in seven years, after which both sides temporarily reached a settlement.

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