Source:
Wall Street JournalBy NORIHIKO SHIROUZU
BEIJING—Honda Motor Co. said it has offered striking workers who have paralyzed its car-production lines in China a 24% increase in pay and benefits, a significant concession that highlights the new challenge from organized labor facing foreign investors on the world's factory floors.
Strikers were pushing for a 53% boost to bring their total compensation package to 2,300 yuan (US$337) a month, according to two strike leaders who were fired by Honda after the walkout began May 17 at a plant in southern Guangdong province, China's export powerhouse.
Nevertheless, Beijing-based Honda spokesman Takayuki Fujii said that "a majority" of the 1,900 workers at Honda Auto Parts Manufacturing Co. accepted the company's offer and returned to work Monday afternoon, allowing the company to "partially restart production" of transmissions, or engine gears. He said several dozen workers have rejected the offer and are trying to disrupt work at the factory.
Honda now hopes to restart operations at all four of the Chinese joint-venture final-assembly plants that it was forced to shut down last week because of the lack of a key component.
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