E1 Reaches 30 Consecutive Years of Wage Negotiation Without Disputes

Union Delegates All 2025 Wage Matters to Company
"Let's Continue a Labor-Management Culture Based on Trust and Communication"

At the opening ceremony held on the 2nd at its headquarters in Yongsan-gu, Seoul, E1 announced that the labor union has delegated all matters related to the 2025 wages to the company. With this, E1 has achieved 30 consecutive years of wage negotiations without disputes since 1996.

The company explained that this was thanks to continuously holding management status briefings and labor-management meetings where employees and management share the company’s vision and candidly discuss current issues, thereby building mutual trust.

On the 2nd, at the E1 headquarters in Yongsan-gu, Seoul, Koo Ja-yong, Chairman of E1 (left), and Park Seung-gyu, Chairman of the E1 Labor Union (right), are posing for a commemorative photo holding a proxy regarding the 2025 wages. Photo by E1

Park Seung-gyu, the labor union chairman, said, "In an uncertain business environment, we decided to delegate so that the company can focus solely on its business activities," adding, "I am confident that these efforts will serve as a solid foundation for the company’s future growth."

Chairman Koo Ja-yong stated, "The company was able to grow significantly based on a win-win labor-management culture, and moving forward, let us continue to foster a proud labor-management culture based on trust, communication, and cooperation."