Shown here is the building of South Korea’s Industrial Bank of Korea (IBK) in Seoul, in this photo provided by the bank. (Image courtesy of Yonhap)
SEOUL, Dec. 13 (Korea Bizwire) — Unionized workers of the state-run Industrial Bank of Korea (IBK) have voted to stage a general strike later this month over failed wage negotiations with the management, union officials said Friday.
More than 80 percent of the unionized workers at the policy lender voted Thursday to stage a general walkout starting around the end of December as their negotiations on wages and other issues fell through, they added.
The union claimed that IBK workers have been paid around 30 percent less than workers at other banks just because IBK is run by the government, and that each IBK employee is owed some 6 million won (US$4,190) in overtime pay.
The labor and the management have been in talks to address those issues since September but have failed to reach an agreement, according to the union.
(Yonhap)
