Mutual concessions and pain-sharing are essential, Wyeth Korea executives say

Mutual concessions and pain-sharing should be two keywords to tide over the current wage dispute, according to executives of Wyeth Korea.

They claimed it is of course natural that workers demand wage hikes in proportion to consumer price increases as well as to productivity improvement, particularly in the case of some booming sectors, like shipbuilding.

Still, they said the labor union s...