HD Hyundai Heavy Industries Reaches 2026 Wage Deal With Union

• HD Hyundai Heavy Industries finalized its 2026 wage and collective bargaining agreement on the 28th, following 55.1% support in a union vote.
• Base pay rises 120,000 won, including a seniority increment increased to 55,000 won from 35,000 won.
• The package includes an 11.5 million won bonus, a payment equivalent to 200% of contractual wages, and 300,000 welfare points.
• Average total compensation under the agreement amounts to 41.36 million won per employee.
• The settlement aligns collective agreements following the HD Hyundai Mipo merger, establishing joint responses to AI and automation through an industrial-transition agreement.

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