[Alpha Biz=(Chicago) Reporter Kim Jisun] Amid the recent breakdown of the "wage and collective agreement" between POSCO's labor and management, POSCO's labor union has entered the level of voting for and against the strike with securing the right to strike through an application for mediation by the National Labor Relations Commission.

On the 10th, POSCO's labor union held a press conference at the Seoul National Cemetery in Dongjak-gu, Seoul, explaining to POSCO's management the legitimacy of voting for and against the strike. Earlier in the day, POSCO's labor union submitted an application to the National Labor Relations Commission for collective bargaining and paid tribute to the tomb of the late honorary chairman Park Tae-joon, the main character of POSCO's myth.

The labor union showed a flexible stance that it did not adhere to the demand such as the payment of 100 shares of its own shares, which was originally demanded. The demand for the payment of treasury shares is that POSCO became an unlisted subsidiary when it was converted to a holding company system last year, which was raised in order to encourage employees' loyalty.

On the prospect of a vote on the strike, which will take place after the next 10 days of adjustment, Chairman Kim said, "90% will vote in favor." However, Chairman Kim said, "The strike is not the best way, and the strike is the last step, and we don't want to do it either," leaving room for a dramatic settlement.

 

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