…SK is raking in the profits from the recent AI boom too, but it is sharing them with its employees – recently, the company removed its bonus pay cap. Samsung is the leading…
…Do note that Samsung's semiconductor division workers will also get a 40 percent share of the company's total bonus pool, which is separate from the special bonus scheme that has…
…The workers at the center of this boom argue that since they are active facilitators of the hardware, they deserve a share of the profits. Samsung is notably not the first major…
…Earlier discussions between the two parties had seen management nearly agree to allocating 13% of the operating profits as a bonus, but resisted when it came to codifying it. The workers had…
…Dissatisfaction grew among workers as Samsung’s semiconductor profits surged on AI-driven memory demand, with workers comparing their payouts to those at rival SK Hynix, which has offered more generous bonus…
…The union had wanted a larger share of the bonuses to be spread equally among staff. According to Reuters, a memory chip worker on a base salary of around $50,000 could…
…Samsung Electronics is stuck in a scrap with workers over how to share the spoils from the AI-driven semiconductor surge. Unions are threatening a strike unless the chipmaker improves wages and…
…Meanwhile, workers in Samsung's DX division, which covers smartphones, TVs, and home appliances, have pushed for companywide profit-sharing to be included in the talks. More than 2,500 members recently…
…workers will now see these workers take home a special performance bonus that is equal to 10.5 percent of the tech behemoth's annual operating profits, provided that such profits exceed…
…Crisis averted – Samsung workers approved a new pay deal that will see 10.5% of the company’s semiconductor operating profit be distributed as special bonuses towards workers in Samsung’s chip…