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2025-01-15 16:31:19
[Photo source = Yonhap News]
[Photo source = Yonhap News]

KB Kookmin Bank's labor union supported the strike at an overwhelming rate, demanding 300% of incentives and 10 million won. If the strike is put into action, it will be the first time in six years since 2019.

According to the financial sector on the 15th, the KB Kookmin Bank union voted for and against industrial action (general strike) on the 14th. Of the 9,702 union members (88.22% of the vote), 95.59% or 9,274 voted in favor.

On the 26th of last month, the union declared a breakdown in negotiations on the wage and collective bargaining and applied for mediation of the labor dispute to the Central Labor Relations Commission under the Ministry of Employment and Labor, but the National Labor Relations Commission decided to suspend mediation because it could not reach an agreement.

Currently, the union is demanding ▲ 300% (performance pay) ▲10 million won (based on normal wages) ▲ wage increase rate 2.8% ▲ expansion of new employment ▲ increase of subsidies ▲ improvement of the medical expenses support system ▲ improvement of the wage peak system.

Meanwhile, according to the 2023 business report, the average salary per KB Kookmin Bank employee is around 120 million won.

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