Renault Korea 2026 Wage Deal Clears Union Vote With 50.1% Approval
Renault Korea’s tentative 2026 wage and collective bargaining agreement narrowly passed a union vote held on the 26th. Of 1,858 eligible members, 1,787 participated, and approval reached 50.1%. Labor and management negotiated through 15 formal bargaining rounds over about four months, including an overnight final session. The deal includes a 51,000 won base pay increase, a 2.5 million won lump sum, productivity incentives up to 100%, higher job-grade allowances, and labor-management harmony “Biz points” plus settlement leave, with expected