On 8 July 2024, the National Samsung Electronics Union (NSEU), the largest union of workers working at in South Korea, , demanding a wage rise. Last week, NSEU and Samsung decided to hold a meeting on 23 July 2024 to discuss the matter.
As scheduled, the two parties resumed wage talks on Tuesday (). Reportedly, Samsung offered a 5.1% increase in wages. However, the NSEU is demanding a 5.6% wage rise, a holiday on the day the union was formed, and compensation for the losses incurred by the workers due to the ongoing strike.
The story continues after the video…
Currently, Samsung Electronics has a workforce of about 125,000 people. Among them, approximately 31,000 workers are part of the NSEU, about 24% of the company’s workforce. Despite a quarter of the brand’s workers going on strike, the tech giant reported only a minimal impact on production, which is quite astonishing.
This was the ninth round of talks. It would be interesting to see the resolution the two parties reach.
Image Credit: Samsung
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As scheduled, the two parties resumed wage talks on Tuesday (). Reportedly, Samsung offered a 5.1% increase in wages. However, the NSEU is demanding a 5.6% wage rise, a holiday on the day the union was formed, and compensation for the losses incurred by the workers due to the ongoing strike.
The story continues after the video…
Currently, Samsung Electronics has a workforce of about 125,000 people. Among them, approximately 31,000 workers are part of the NSEU, about 24% of the company’s workforce. Despite a quarter of the brand’s workers going on strike, the tech giant reported only a minimal impact on production, which is quite astonishing.
This was the ninth round of talks. It would be interesting to see the resolution the two parties reach.
Image Credit: Samsung
The post appeared first on .