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Standard Chartered Korea First Bank Union President on Hunger Strike

Published: 27 May 2011
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Bro. KIm Jae-Yul on Hunger Strike

Bro. Kim Jae-Yul, President of the Standard Chartered Korea First Bank Union started a hunger strike on 24th May 2011 agitating against the hostile attitude of the management in granting the annual wage increment due to employees for the year 2010. Union has been holding over 30 rounds of negotiations with the bank since January 2011 and yet could not reach out a favorable settlement.



Central Labor Commission in Seoul declared that the negotiations between the bank and the union failed on 30 April 2011. 93 percent of the union membership supported a strike action to resolve the prolonged dispute.



On Monday the 30th May 2011, Standard Chartered Korea First Bank Union will be struck work for one day in solidarity with their President who is on hunger strike to resolve the dispute with the bank without any further delay.





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