The labour union of Hyundai Motor Group, based in Seoul, South Korea, is pushing for a performance bonus that amounts to 30% of the company's net profit from the previous fiscal year, which was 10.36 trillion won (approximately $7.06 billion USD). If granted, this request would lead to a bonus payout exceeding 3 trillion won (around $2 billion USD). In addition to this significant bonus demand, the union is advocating for a monthly base salary increase of 149,600 won (approximately $101.90 USD) and a rise in standard bonuses from 750% to 800% of base pay. The union's demands also include job security measures in light of advancements in artificial intelligence, an extension of the retirement age to 65, and a commitment to additional hiring. This push for higher bonuses aligns with similar demands from other major unions in South Korea, including Samsung Electronics, which is seeking bonuses based on 15% of its operating profit, potentially costing the company nearly 45 trillion won in total bonuses. Such trends reflect a broader movement among South Korean labor unions for better compensation and job security amid changing industry dynamics.