… The immediate question is whether Samsung’s union members accept the tentative wage deal. …
… Read all comments on Samsung Union Workers Approve The New Wage Deal With A 74% Majority, Cementing Bonuses Equal To 10.5% Of Operating Profit
Samsung Electronics' largest union has ratified a compensation deal that will pay semiconductor workers an average bonus of roughly $340,000, according to Bloomberg . …
… The marches are believed to have been prompted by similar demands made by the SK hynix labour and management union , which led to wage increases and a removal of the cap on performance-based bonuses for employees earlier this year. …
… 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… …
… 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. …
… Workers at Raven Software have finally secured their first union contract winning for its members guaranteed wage increases, protection against mandatory overtime known as crunch, and more. …
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… The deal passed on Wednesday with 74 per cent of the company’s labour union voting in favour. The union had threatened strike action if the world’s biggest memory-chip maker kept sitting on the cash. …
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