No factory for old men: Hyundai Motor seeks to end seniority-based pay
April 16, 2015 at 17:08 PM EDT
SEOUL (Reuters) - In a bid to curb rising domestic labor costs, Hyundai Motor Co is seeking to base wages on merit not seniority in an overhaul of a decades-old salary system that puts the South Korean firm on a collision course with its activist union.