Hyundai Motor India Limited (HMIL) and the United Union of Hyundai Employees (UUHE), the recognized employee union, have successfully concluded and signed a mutually beneficial wage settlement agreement covering the period from 2024 to 2027.
The long-term wage settlement will be effective from April 1, 2024, through March 31, 2027. The revised all-inclusive compensation package sets a new benchmark in the automotive industry. The package includes an industry-best salary increase of INR 31,000/- per month, structured over a three-year period in the ratio of 55%, 25%, and 20%. In addition to the salary increase agreed between the company and the union, HMIL continues to lead the industry in employee welfare including best-in-class health coverage and advanced wellness programs.
Mr. Youngmyung Park, Function Head – People Strategy, HMIL, stated, “At Hyundai, our people are the cornerstone of our success. This agreement, built on mutual trust, respect, and constructive dialogue, reflects our shared commitment to fostering a progressive workplace culture that prioritizes employee welfare and supports long-term organizational growth.”
Registered in 2011, the United Union of Hyundai Employees [UUHE] is the officially recognized representative body for the workforce of Hyundai Motor India Limited [HMIL]. As of August 31, 2025, UUHE represents a membership of 1,981 employees (90% of technician/workmen cadre), reflecting its continued commitment to advocating for employee welfare, rights, and constructive engagement with management.
