On the 10th, a banner from the Korean Confederation of Trade Unions (KCTU) National Railway Workers' Union reading "KORAIL Fulfill the Agreement" is posted at Seoul Station. /Courtesy of Yonhap News

With the nationwide railway union's general strike tentatively put on hold, the morning commute chaos on the 11th was averted.

On the morning of the day, Korea Railroad Corporation (KORAIL) said it would operate all trains normally after the nationwide railway union decided to defer the strike. KORAIL labor and management reached a tentative agreement in wage talks, including normalizing performance bonuses.

Earlier, the main negotiations between KORAIL's union and management began at 3 p.m. the previous day and broke down after 30 minutes. Talks resumed at 10 p.m. the same day, and around 12:30 a.m. on the 11th, a tentative deferral of the general strike was decided.

The KORAIL union said it decided to postpone the strike for now to minimize inconvenience to the public and noted that it is continuing intensive negotiations to iron out detailed issues.

In this year's talks, the union has demanded normalization of performance bonuses, integration of high-speed rail, and safety measures. In particular, it has maintained that the calculation standard for performance bonuses should be raised from 80% of base pay to 100%.

The union has left open the possibility of launching a general strike if the agenda to normalize bonuses is not addressed at the Ministry of Economy and Finance's Public Institution Management Committee meeting scheduled for the 24th.

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