Samsung's largest union approves a pay deal that would give chip workers an average bonus of ~$340K, with ~74% of members voting in favor, staving off a strike
Samsung Electronics Co. union members voted in favor of a compensation deal that will hand chip workers an average bonus of about $340,000 …
Bloomberg Yoolim Lee
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Discussion
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@sam_badawi
Sam Badawi
on x
Samsung Electronics union members approved a new wage agreement, ending months of labor negotiations and reducing the risk of strikes that could have disrupted global semiconductor supply chains. The deal includes a 6.2% average pay increase and a long-term bonus structure tied
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r/worldnews
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on reddit
Samsung's unionised workers in South Korea approve pay deal
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@moreperfectus
@moreperfectus
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Samsung just averted a strike by granting chip workers an average bonus of about $340,000. The union made a credible strike threat that would have threatened the global chip supply, and Samsung, predicted to be the 2nd most profitable company on Earth this year, caved to worker
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@amy_siskind
@amy_siskind
on x
Wow! Samsung Electronics workers have approved a landmark profit-sharing agreement that is expected to award employees in the booming memory chip division an average bonus of nearly $400,000, after union workers threatened to strike. Amazing!
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@sammobiles
@sammobiles
on x
Samsung and its labor union have buried the hatchet and signed a new wage agreement earlier today. This means the company will not face any chip production disruption. The signing ceremony took place earlier today at Samsung Electronics' The UniverSE learning center in Giheung, […
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Samsung workers approve pay deal, shares surge