Hyundai to raise wages 25%, hoping to head off union efforts

Hyundai Motor Group said Monday it will hike wages for its U.S. manufacturing workers, the third non-union competitor to raise pay in the wake of last month’s landmark union deal with the “Big Three” Detroit automakers.

The South Korea-based company, which said it is investing $12.6 billion to build vehicle and battery plants in Georgia, announced a new wage structure Monday that will mean a 25% wage hike in the next four years.

The bump in pay will apply in Hyundai’s Bryan County plant, which is scheduled to start production in early 2025, the first of the company’s facilities dedicated to making electric vehicles. The pay hike also applies to Hyundai’s plant in Montgomery, Alabama, which has been churning out vehicles since 2005.

Hyundai’s Kia subsidiary has been making vehicles in West Point since November 2009. Monday’s announcement did not include that facility, which has about 2,700 employees, according to state officials.

Hyundai follows Toyota and Honda, which also announced wage hikes in the weeks after the United Auto Workers reached historic agreements with General Motors, Ford and Stellantis, the parent of Dodge, Chrysler and Jeep. American workers at Hyundai, like those at Honda and Toyota, are not represented by unions. Atlanta Journal Constitution

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Author: William Randle