KG Financial Signs 2026 Collective Bargaining Agreement, Avoids Labor Dispute for 5th Straight Year
TECHWORLD ·
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KG Financial labor and management held bargaining for about 6 months starting with their first meeting in March this year.
Based on mutual respect and trust, the two sides discussed responding to changes in the internal and external business environment, the company's sustainable growth, and improvements to employees' working conditions.
As a result, KG Financial finalized the signing of the 2026 collective bargaining agreement on the 18th, achieving a settlement without a labor dispute for the 5th consecutive year.
KG Financial labor and management held bargaining for about 6 months starting with their first meeting in March this year. The two sides continued talks based on mutual respect and trust, discussing matters related to responding to changes in the internal and external business environment, the company's sustainable growth, and improvements to employees' working conditions. They also held sincere consultations on a range of issues.
After communication in which both sides respected and understood each other's positions, they reached a final agreement. The company said the bargaining began in March this year and continued for about 6 months. As a result, KG Financial finalized the signing of the 2026 collective bargaining agreement on the 18th.
With the signing of the 2026 collective bargaining agreement, KG Financial reached a settlement without a labor dispute for the 5th consecutive year. The agreement includes some revisions to the employee benefits system. The purpose of the benefits overhaul is to improve employees' working conditions and welfare in practical terms.
KG Financial has been pushing ahead with efforts to create a corporate culture that supports work-life balance. KG Financial obtained family-friendly certification in 2024 and was selected as a company confirmed to participate in the Work-Life Balance Campaign in 2024. It then obtained leisure-friendly certification in 2025 and was reselected as a participating company in the Work-Life Balance Campaign in 2026. KG Financial said it has a track record of certifications and selections related to work-life balance.
KG Financial said bargaining continued for about 6 months and that the process was carried out based on mutual respect and trust. Both labor and management took part in sincere discussions, and KG Financial cited the efforts of both sides as the background behind the achievement, saying it had secured a settlement without a labor dispute for the 5th consecutive year.
KG Financial said the agreement reflects the two sides' understanding of each other's positions and the result of reaching common ground through continued communication, emphasizing the significance of the deal. It added that it plans to maintain a stable labor-management partnership, continue pushing ahead with improvements in employees' working conditions and welfare, and use that foundation to pursue sustainable growth and strengthen competitiveness.
Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=407470
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Source: TECHWORLD
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