Samsung Electro-Mechanics' labor and management reached a tentative agreement on an average wage increase of 5.1% this year
Kim Jisun
stockmk2020@alphabiz.co.kr | 2024-04-12 03:04:13
View of Samsung Electro-Mechanics' Suwon plant. (Photo=Samsung Electro-Mechanics)
[Alpha Biz= Reporter Kim Jisun] Samsung Electro-Mechanics and Hanwoolim's labor-management council agreed on the same 5.1% wage increase rate as Samsung Electronics and Samsung Display and announced it in-house on the 11th.
This increase rate includes a basic increase rate of 3% and a performance increase rate of 2.1%, up 1.0%p from the previous year (4.1%).
Samsung Display, which was the first of Samsung's electronics affiliates to reach a tentative agreement, is currently voting for and against the wage agreement.
The Korean Samsung Electronics Union, which failed to accept this year's wage increase of 5.1%, is scheduled to launch its first dispute on the 17th.
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