… Samsung is seen as short-handing its workers, and those employees are now pushing back According to the Korea Herald, Samsung's union workers are currently demanding 15 percent of the company's annual operating profit, which amounts to around $30 billion, in bonuses. …
Details have emerged about a tentative deal struck between Samsung and semiconductor employees who had threatened to strike. The deal reportedly makes some workers eligible for average annual bonuses of $340,000. …
… The workers argue that even though Samsung is much larger, their bonuses only equate to less than 30% than what SK hynix offers to its people. …
… Jobs at Samsung and SK Hynix were already coveted in South Korea. However, with potential bonuses that can exceed the lifetime earnings of workers in other sectors, competition for roles is sky-high. The bonuses are also reshaping decision-making within the companies themselves. …
… As a result, Samsung agreed to pay nearly $26.6 billion in bonuses to chip workers, with some employees set to receive as much as $416,000. …
… Elon Musk trial, campaigners lobbying for better wages for workers gathered with a large banner that said, “Workers demand a piece of the pie.” In his Facebook post, presidential policy chief Kim said that South Korea has a rare opportunity to transform from being a mere provider of AI infrastructu… …
… A recent report that SK hynix workers can expect guaranteed bonuses of $477,000 this year and almost $900,000 next year has also brought worker compensation into sharp focus. …
… 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 structures. …
… Under the tentative deal , employees in Samsung's memory division stand to receive bonuses of roughly 600 million won ~$400,000 . In contrast, workers in the DX Device eXperience division, which covers smartphones, TVs, and home appliances, would receive approximately 6 million won ~$4,000 . …
… Unions are threatening a strike unless the chipmaker improves wages and bonuses. Two Samsung unions want the company to pay workers 15 per cent of each division’s operating profit. They want a seven per cent wage rise and have threatened an 18-day walkout from 21 May if Samsung refuses. …
