Korea Organon and Trade Union Sign Collective Agreement and Salary Agreement for 2023-2024
In a significant milestone for Korea Organon, the company recently held a ceremony to sign a collective agreement and salary agreement for 2023-2024 with the Organon Korea Trade Union. This marks the first such agreement between labor and management since the official launch of Korea Organon in 2021.
The signing ceremony took place on the 1st at the Seoul office located in Gwanghwamun. The agreement encompasses various key aspects, including a pay raise, additional vacation days, expanded family health checks, higher lunch costs, and support for congratulatory and condolence events. Both Korea Organon and the Organon Korea Trade Union are committed to fostering ongoing communication and consultation to foster a culture of cooperation and coexistence between labor and management.
Expressing her satisfaction with the outcomes achieved over the past two years since the company’s spin-off and launch, Kim So-eun, CEO of Organon Korea, stated, “We remain committed to creating a unique and positive work culture that exemplifies the values of Korea Organon.”
Emphasizing the importance of employment stability, Moon Jeong-hwan, chairman of the Korean Organon Trade Union, commented, “The additional clause addressing this critical issue, along with the expanded compensation and welfare benefits, sets the groundwork for the company’s growth and the individual development of its employees. We are dedicated to enhancing working conditions, securing employment, and fostering a harmonious relationship with the company.”
Moon Jeong-hwan (left), chairman of the Organon Korea Trade Union, and Kim So-eun, Organon Korea representative, take a commemorative photo after signing a wage and collective agreement. / Photo = Korean Organon
Organon Korea announced on the 9th that it is holding a ‘2023-2024 collective agreement and salary signing ceremony’ at the Seoul office located in Gwanghwamun on the 1st with the Organon Korea Trade Union. This signing is the first collective agreement between labor and management after Korea Organon is turned off and officially launched in 2021, which brings the agreement for this year and the year next to end
The main contents of the agreement included a pay rise, the granting of additional vacation days, expanded family health checks, higher lunch costs, and support for congratulations and condolences. Korea Organon and the Organon Korea Trade Union intend to continue communication and consultation to establish a culture of coexistence and cooperation between labor and management.
Kim So-eun, CEO of Organon Korea, said, “We have achieved meaningful results over the past two years since the company was spun off and launched. We will continue to create a good culture that is unique to Korea Organon.”
Moon Jeong-hwan, chairman of the Korean Organon Trade Union, said, “As we agreed on an additional clause on employment stability, which is an important issue, as well as expanding compensation and welfare, I think an environment has been created. to develop the company and individual growth together.” We will do our best to improve working conditions, secure employment, and co-exist with the company.”
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