Asiana workers face job insecurity, zero bonuses amid record sales

Asiana Airlines employees are growing increasingly apprehensive about their job security as the impending takeover by Korean Air approaches completion. Korean Air, thus far, has maintained an ambiguous stance, refraining from presenting concrete action plans to assure the continued employment of Asiana workers. The employees also expressing discontent over the slim chance of receiving incentives, despite Asiana Airlines achieving record sales of 6.53t won ($4.88b) in 2023, marking a 16% increase from the previous year. This dissatisfaction contrasts with Korean Air's earlier confirmation of its intention to provide a bonus equivalent to 407% of employees' basic monthly salary, following its own historic annual sales of 14.57t won during the same period. The complaints were delivered during a meeting between Asiana Airlines CEO Won Yoo-seok and its employees last week, but top management of the cash-strapped airline failed to provide clear answers as to how the company can guarantee employees’ job security once the takeover is complete. "The meeting can be seen as part of a gesture by the management that it has held enough communication with employees to justify its critical future decision-making, such as sales of our cargo business," a labor union member from Asiana Airlines said. "The absence of incentives also leaves much to be desired at a time when our job security is threatened."<br/>
Korea Times
https://www.koreatimes.co.kr/www/tech/2024/02/419_369132.html
2/20/24
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