Seoul, April 20 -- The labour union of Hyundai Motor Group is seeking a performance bonus equivalent to 30 per cent of the company's net profit from last year, marking a significant escalation in labour negotiations for South Korea's leading automotive conglomerate. This demand follows a fiscal year in which the automaker posted a substantial 10.36 trillion won (USD 7.06 billion) in net profit for 2025.

If the company meets these terms, the payout would amount to more than 3 trillion won, which is approximately USD 2 billion, according to a report by The Korea Herald.

Beyond the profit-sharing percentage, the labour union's proposal includes a monthly base salary increase of 149,600 won (USD 101.90). The union also seeks an increase in ...