Dongkuk Steel's Labor Union Entrusts Management with Full Powers to Decide Wage for 16th Consecutive Year

摘要

“In order to wisely overcome hardship at home and abroad caused by an economic slump and surging prices for raw materials and to sharpen the competitive edge of the company by inheriting the traditional culture of Dongkuk Steel's Labor Union and avoiding nonproductive collective bargaining between the management and labor, we have let the company decide the employees' wage for this year as we did last year,” said the Labor Union Chairman Park Sang-kyu on June 15.