Source link : https://tech365.info/samsung-chip-employees-approve-new-deal-and-can-obtain-enormous-bonuses/
Disaster averted – Samsung employees authorised a brand new pay deal that can see 10.5% of the corporate’s semiconductor working revenue be distributed as particular bonuses in direction of employees in Samsung’s chip companies.
Right here’s the short backstory. Samsung was going through the most important employee strike in its historical past after staff in System Options (reminiscence, chipsets and fabs) grew to become sad with the dimensions of bonuses they had been receiving in comparison with their friends at rival SK Hynix. The federal government stepped in and the employees union suspended the deliberate 18-day strike whereas negotiations occurred between Could 22 and 27.
In that point, Samsung and the employees union hammered out a brand new settlement. The employees voted and accepted the take care of an enormous margin – 74% voted in favor.
Now some employees in Samsung’s reminiscence division will obtain bonuses as excessive as $416,000 this 12 months. The common wage in South Korea is round $32,000, so that is completely large. Employees within the different two semiconductor divisions can even obtain large bonuses, although not fairly that large.
To place issues in context, Samsung accounts for nearly 1 / 4 of South Korean exports. And the corporate’s reminiscence enterprise is essential to the worldwide electronics business. The Prime Minister had estimated that if the 18-day strike had gone by, it might have amounted to KRW 1 trillion (round…
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Author : tech365
Publish date : 2026-05-27 15:20:00
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