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Participation rate remains low in bank workers’ strike

[THE INVESTOR] The finance industry union staged a nationwide walkout on Sept. 23, with a participation rate of about 15 percent, the Financial Supervisory Service said.

According to the FSS, about 18,000 unionists are taking part in the walkout.

The participation rate at the country’s four largest commercial banks -- KB Kookmin Bank, Shinhan Bank, KEB Hana Bank and Woori Bank -- is about 3 percent the FSS said.

The union is opposing the finance industry’s plans to introduce a performance-based salary system.

By Choi He-suk (
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Korea Herald daum