À̹ÌÁö È®´ë [Photo provided by Homeplus]
Homeplus, one of Korea¡¯s three major grocery chains, Thursday said it has agreed with its labor union to promote 12,000 contract workers to permanent status regardless of their working years, normalizing walkout-ridden shops ahead of the busy Lunar New Year¡¯s holiday.
Homeplus employees began picketing last November and went into partial walkout this week. A full strike was avoided after the management and union reached a preliminary agreement on wage and other labor terms for this year.
The retail chain owned by MBK Partners, Korea`s largest private equity fund, had grappled with union protests in the pay battle. Contract workers accused MBK of attempting to use ¡°tricks¡± in raising the compulsory minimum wage, while reducing the workforce to cut costs.
MBK acquired Homeplus in 2015 from British retail giant Tesco for 7.2 trillion won ($6.4 billion).
The agreement included a plan to place contract workers on permanent payroll.
If realized, Homeplus would be the first large retailer whose employees are all full-time staff.
Homeplus said the achievement was made after the labor union agreed to the management¡¯s bold decision to make a workplace with greatly improved labor conditions. The company said it will deliver on the conversion plan without establishing a separate subsidiary.
Last year, Homeplus granted a regular worker status to 1,200 contract workers who had worked for 12 years.
By Kang In-sun and Minu Kim
[¨Ï Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]