Hyundai India agrees to new wage pact

R Amin01 mins mins

<h2>Hyundai India</h2> <p> agrees to new wage pact” title=”File Photo” decoding=”async” fetchpriority=”high”/></p></div> </div> </div> </section> </div></div> </div> <p>Hyundai Motor India Limited (HMIL) and United Union of Hyundai Employees (UUHE), the recognised union of the company, have announced the “successful conclusion and signing of a mutually beneficial wage settlement agreement” for the period 2024–2027, the company said in a statement on Wednesday.<!-- --> The long-term wage settlement is effective from April 1, 2024, through March 31, 2027.</p> <p>The revised all-inclusive compensation package includes a salary increase of Rs 31,000 per month, structured over a three-year period in the ratio of 55 per cent, 25 per cent, and 20 per cent.<span class=

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