Following the footsteps of Maruti Suzuki, Hyundai Motor India on Thursday also announced an attractive wage hike and a host of other benefits for its workers.
Hyundai, the country’s number two car manufacturer, finalized the wage settlement agreement on Thursday by agreeing to hike wages by a significant 45 per cent.
Under the terms of the new wage agreement, the South Korean car manufacturer will give its workers average wage hikes of Rs 14,283 a month, per worker including variable components. This will be split for three years in the proportion of 40 per cent in the first year and 30 per cent for the subsequent two years.
Along with the attractive wage hike, Hyundai workers will also enjoy increased benefits such as medical and group insurance coverage. Hyundai announced that it had increased the in-patient coverage range from Rs one lakh to Rs 2.5 lakh, and serious illness cover from Rs three lakh to Rs six lakh. The out-patient coverage range has been hiked by Rs 2,000.
Hyundai signed the wage agreement after a similar move by Maruti Suzuki, the country’s biggest car manufacturer. Around a month back, Maruti hiked its workers’ wages by an average of Rs 14,300-14,800. However, it is worth mentioning here that Maruti Suzuki doesn’t provide transport facility to its workers, while Hyundai does. Excluding conveyance, Maruti Suzuki’s average pay increase is therefore roughly Rs 1,000 less than Hyundai’s.
The three-year wage agreement between Hyundai and United Union of Hyundai Employees will take effect from 1st of April this year and remain in effect until 31st of March, 2015.
Encompassing 700 dealerships in the country, Hyundai Motor India Ltd launched their 11th free of charge car care clinic.
This clinic will continue for ten days and has been organized for giving free check-ups to its large customer base. Discounts on spare parts and extension of warranty packages are also being offered. The clinic aims at giving your car a comprehensive 80-point testing thereby thoroughly examining your whole car. A 20% discount is being offered on labour charges as well. Shell India has sponsored this event and is offering a scratch-card scheme in which the customers will be entitled to cash discounts for oil and other consumables.
Arvind Saxena, who is the Director of Marketing and Sales, HMIL, spoke about the event. He said that the Company was extremely happy about organizing the 11th edition of their free care clinic for Hyundai cars across the country. The event, he said, reflected the commitment of Hyundai towards after-sales service and they would keep continuing their endeavor towards providing the best of services to their customers. Hyundai expected to receive the same enthusiastic response to the current year event as they had received for similar events in the past.
Attractive prizes and gifts will also be on offer over the entire duration of the camp. These would include Blackberry phones and iPods. On a daily basis, ten lucky customers would be selected for extended warranty packages. An iPad has been announced as the biggest prize of the camp; hence all owners of Hyundai, whose cars are due to have a service, know exactly where to go now.
Hyundai Motor India, the second biggest car maker and largest exporter of cars in India recently announced about the 2011-12 Monthly Medal Round to be held in Manesar at the Classic Golf Resort. The tournament, which has been organised for invitees and Classic members, will be known as the 2011-12 Hyundai Classic Monthly Medal Round from now on. The tournament is scheduled to begin on July 30, 2011.
The company’s director of marketing and sales, Arvind Saxena, said that he was delighted about announcing their association with the 2011-12 Classic Monthly Medal Round. Golf is a sport that has been gradually gaining importance in India, with the country having great potential in golfing talent. By this endeavour they hope to support the games development in India, and remain committed to their efforts in bringing excitement in sports.
The tournament will include one event held every month, with the 2011 round beginning from today. This year’s tournament will go on till December 10, 2011. The 2012 Round will begin on January till June, 2012. During this tournament, Hyundai would prominently display their Sonata Transform and the Santa Fe throughout the course of the tournament.
Being a dynamic auto brand, the company has always connected itself with important sporting events. Hyundai recently organised many initiatives such as the Hyundai ICC Last and First Ball Tour, and Hyundai Fan Parks during the 2011 ICC World Cup for generating excitement during the duration of the game, as well as promoting their brand.
India’s second largest car maker and largest exporter of cars, Hyundai Motor India, recently presented their new Fluidic Verna to cricketers Piyush Chawla and Virender Sehwag, who were part of the ICC Cricket WC winning team that brought home the trophy after 28 years.
As encouragement for the team during the 2011 WC, the company had announced that if the team won the World Cup, all the members of the winning team would be gifted their new Fluidic Verna.
The company’s director of marketing and sales, Arvind Saxena, presented the cricketers with the keys to the car. He also said that it was a great pleasure for them to be able to provide the winning cricket team with their new Verna that offers Hyundai’s latest fluidic design along with offering class leading technology, quality and design. Their new Verna received a tremendous response since its launch, amassing 21,000 bookings to date.
After this facilitation in Delhi, the company intends to organise more ceremonies pan India for gifting the Verna to all team players in their respective states. Hyundai is the ICC’s official car partner from 2011 to 2015, having exclusive rights. The company organised many initiatives during the 2011 WC like Hyundai ICC last and first ball tour and fan parks for generating buzz throughout the duration of the world cup.