Hyundai raises worker wages at Alabama, Georgia plants

[JohnSC]

Will higher wages create workforce stability and better quality vehicles? Or just higher prices?

Hyundai Motor America to Raise Alabama, Georgia Employees’ Hourly Wages

The adjustment will result in hourly wages increasing 25% by 2028, the automaker said.

www.wsj.com

 

[EdP]

Will higher wages create workforce stability and better quality vehicles? Or just higher prices?

Hyundai Motor America to Raise Alabama, Georgia Employees’ Hourly Wages

The adjustment will result in hourly wages increasing 25% by 2028, the automaker said.

www.wsj.com

They really had no choice if they want happy workers. I want happy workers assembling my car.
Should help with stability. I should add. If they want happy NON-Union workers.

 

[steveinarizona]

They really had no choice if they want happy workers. I want happy workers assembling my car.
Should help with stability. I should add. If they want happy NON-Union workers.

Or if they are trying to avoid unionization. It is a direct response to the settlement of the union dispute with Ford, Stellantis and GM in the US.

 

[Lanny Robertson]

Will higher wages create workforce stability and better quality vehicles? Or just higher prices?

Hyundai Motor America to Raise Alabama, Georgia Employees’ Hourly Wages

The adjustment will result in hourly wages increasing 25% by 2028, the automaker said.

www.wsj.com

Given the world situation, it's more likely that prices will just go up

 

[costeau]

If the wage increase goes beyond covering increased cost of living, it should make workers happier,
and GV70 owners in the Americas (and possibly also Europe — Not sure whether the Euro-spec GV70 is built in
Montgomery or in Ulsan) more satisfied with their car.

As for unions, I'm not sure what the Korean stance on this is. Business culture varies a lot from country to country,
and that very much includes the attitude towards unions.

In Germany, for example, the attitude is that having a union is a must, and there's a deeply rooted culture for management and unions to work together towards achieving a thriving workplace for everyone. Much so that the lack of one is problematic if the business either has more than a certain amount of employees or higher than a certain amount of turnover.

When Volkswagen management went from Wolfsburg HQ to visit the factory in Chattanooga, Tennessee,
they wanted to meet with the union representatives. "What union?" said some employee from the factory floor.
"We don't have a union? And honestly, I don't think many of us believe we need one."
Management kinda panicked, and urged the workers to either find and join an existing union, or form one of their own.
I didn't follow too closely, so not sure what the outcome was.

But hey, this is why strikes are much rarer in Germany than in, say, UK or France.