HMM and staff reach wage and bonus agreement after 18-hour negotiation

Following 18 hours of talks, HMM’s management and unions representing the Korean flagship carrier’s seafarers and office staff have reached agreement on salaries.
Salaries will be raised by 7.9% and staff will be given bonuses of up to 650% of monthly salaries.
HMM’s employees were unhappy at increments of just 2% this year after the company achieved a record profit resulting from Covid-19-related supply chain disruptions. And salaries had been frozen between …

The post HMM and staff reach wage and bonus agreement after 18-hour negotiation appeared first on The Loadstar.

Source: The Loadstar

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