{"id":259717,"date":"2026-05-08T00:08:25","date_gmt":"2026-05-07T15:08:25","guid":{"rendered":"https:\/\/tenbizt.com\/en\/news\/uncategorized\/2026\/05\/08\/hyundai-and-kia-unveil-bold-wage-demands-will-30-profit-sharing-become-reality-in-2026\/"},"modified":"2026-05-08T00:08:26","modified_gmt":"2026-05-07T15:08:26","slug":"hyundai-and-kia-unveil-bold-wage-demands-will-30-profit-sharing-become-reality-in-2026","status":"publish","type":"post","link":"https:\/\/tenbizt.com\/en\/news\/social\/2026\/05\/08\/hyundai-and-kia-unveil-bold-wage-demands-will-30-profit-sharing-become-reality-in-2026\/","title":{"rendered":"Hyundai and Kia Unveil Bold Wage Demands: Will 30% Profit Sharing Become Reality in 2026?"},"content":{"rendered":"

Translation result.<\/p>\n

[iNews24 Reporter Seol Jae-yoon] Hyundai Motor and Kia have opened this year\u2019s wage and collective bargaining negotiations. The labor unions are demanding a performance bonus equal to 30% of net profit and guarantees for employment conditions as robots are introduced.<\/p>\n

Industry sources said on the 7th that Hyundai\u2019s management and union began talks with an introductory meeting held the previous day. Kia\u2019s union has also finalized its list of demands ahead of formal bargaining.<\/p>\n

\n Hyundai Motor and Kia Yangjae office building [Photo=Hyundai Motor Group]
\n <\/figcaption><\/figure>\n

The union\u2019s proposal calls for a performance bonus equal to 30% of last year\u2019s net profit. The union argues the company should share its record-high earnings with members.<\/p>\n

If the demand is accepted, Hyundai would need to allocate roughly 3.11 trillion KRW (about $2.33 billion) and Kia about 2.72 trillion KRW (about $2.04 billion) for the bonuses. Those amounts would exceed the companies\u2019 operating profits for the first quarter of this year.<\/p>\n

So far, management has resisted a strict profit-linked formula and has preferred a mix of fixed amounts and ratios. Last year the union also sought 30%, but the parties ultimately agreed on \u201c450% of base pay + 15,800,000 KRW (about $11,850).\u201d<\/p>\n

Another central issue in this round of talks is whether the companies will guarantee workers\u2019 conditions amid robot deployment. As Hyundai has detailed plans to deploy Boston Dynamics\u2019 humanoid robot Atlas on the shop floor, union anxiety has risen.<\/p>\n

The union\u2019s demands explicitly call for protections for workers affected by AI and robot adoption, arguing that expanded automation will likely shrink the role of current production workers.<\/p>\n

The union also put the following items on the bargaining table: \u25b3 raise base pay by 149,600 KRW (about $112) \u25b3 expand bonuses by 800% \u25b3 implement a full monthly-salary system.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hyundai and Kia’s labor negotiations begin, with demands for a 30% profit-sharing bonus and job security amid robot integration.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_thumbnail_url":"https:\/\/cdn-union.tenbizt.com\/contents\/crawler-dev\/thumbnail\/2026\/05\/CP-2023-0087\/thumb-3213b645-913a-4198-a2c6-f6169fd88c74.jpg","footnotes":""},"categories":[278100],"tags":[],"class_list":["post-259717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social"],"yoast_head":"\nHyundai and Kia Unveil Bold Wage Demands: Will 30% Profit Sharing Become Reality in 2026?<\/title>\n<meta name=\"description\" content=\"Hyundai and Kia's labor negotiations begin, with demands for a 30% profit-sharing bonus and job security amid robot integration.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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