Hyundai Motor India Limited (HMIL) said it has signed a long-term wage settlement agreement with its recognised union, the United Union of Hyundai Employees (UUHE), for the period 2024-2027.
The wage package includes a salary increase of ₹31,000 per month, which will be structured over a three-year period in the ratio of 55 per cent, 25 per cent, and 20 per cent, said the company.
The new pact is effective from April 1, 2024, till March 31, 2027, the company statement mentioned.
“This agreement, built on mutual trust, respect, and constructive dialogue, reflects our shared commitment to fostering a progressive workplace culture that prioritises employee welfare and supports long-term organisational growth,” said Youngmyung Park, Function Head – People Strategy, HMIL.
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In addition to the agreement, HMIL continues to perform exceptionally well in the industry when it comes to employee welfare, health coverage and advanced wellness programmes.
Meanwhile, the union, UUHE, was registered in 2011 and represents the officially-recognised body for the workforce of HMIL.
As of August 31, 2025, UUHE represents a membership of 1,981 employees, 90 per cent of which are technicians/workmen cadre. The company said the large number of hand-on workmen reflects its continued commitment to advocating for employee welfare, rights, and constructive engagement with management.
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