Hyundai Motor – which owns the Hyundai, Kia, and Genesis brands – has announced a new wage structure for workers at its two American facilities, including the Hyundai Motor Manufacturing Alabama (HMMA) and Hyundai Motor Group Metaplant America (HMGMA) in Georgia.
More specifically, this new pay structure will begin in January 2024, and will see U.S. worker’s hourly wages jump 25 percent by 2028. Hyundai notes that this increase is intended to help the Koran-based automaker remain competitive and able to recruit and retain top talent.
Notably, there are approximately 4,000 workers currently at the HMMA plant, while the HMGMA facility will begin producing vehicles in early 2025.
“We have the best team members in the industry, and we are compensating them accordingly,” Hyundai and Genesis North America President and CEO José Muñoz claimed in a prepared statement. “Hyundai continuously strives to maintain competitive wage and benefits commensurate to industry peers. The women and men of HMMA have gone above and beyond the call of duty this year, preparing for the all-new Hyundai Santa Fe, and building the first electric vehicle in our facility, the Genesis Electrified GV70. Internal KPIs show the team continues to embrace a continuous improvement mindset, which is evident in how we track quality, safety and efficiency. Thanks to the hard work of the team in Georgia and our partners construction of our new Metaplant is ahead of schedule.”
It’s worth noting that the Korean-based automaker made no mention if these new pay packages were influenced by the recent UAW strikes on the Big Three.
When this revised pay structure goes into effect, workers at the HMMA facility will have received a 14 percent increase in wages over the past year, which includes a raise in early 2023. As such, pay progression at the HMMA plant to the top rate takes 30 months, while members with 15 years of service are allowed 25 vacation days.
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Comments
LOL, another one running scared of the UAW.
The things those foreign vehicle manufacturers do to keep union’s out of their plants. If it wasn’t so funny, it’d be sad.
Price was about the only thing in favor of the Korea cars. Keeping the UAW out hasn’t helped their quality or dependability, that’s for sure.
I would not be so sure as you to be. I am not a fan of their product, but based on facts, they are selling lots of cars in USA and Canada and they are profitable as well working under the same constraints as their competition.. That many buyers can’t be all wrong. So maybe keeping the UAW out of their plant worked for them. Less politics and more focus on the product.
I live in the Orlando Florida area., eastern end of Orange County. I have to say I’m seeing a lot more of Kia’s and Hyundai’s and the 100,000 mile warranty sure doesn’t hurt sales.
100,000 MILES? my silverado has 113,000 miles and not brioke in yet. should be loosen up by 250,000 miles
The topic was about the factory warranty, not about your particular experience.
Guess George missed the part where they turn into fireballs…
Smart move! Keep the UAW fools out of their plants and split the savings 50/50 between the Mfg and employees. 0% for the UAW dopes!
i once drove a hyundai sedan as a loner…………….a piece of crap…noisy , tinny crap. who the heck would buy one?
Are you still a loner or you found somebody to share your opinions with? Your Hyundai car was a loaner, by the way.
It would be nice to know what the current wages “ARE” in order to refernce the potenial increase and compare to UAW wages.