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Samsung Electronics and Labor Union Resume Wage Talks Tuesday

Written: 2024-07-23 16:35:14Updated: 2024-07-23 16:58:20

Samsung Electronics and Labor Union Resume Wage Talks Tuesday

Photo : YONHAP News

Samsung Electronics and its largest labor union resumed wage talks on Tuesday, 15 days after the union launched a general strike.

The latest round of talks come a day after the National Samsung Electronics Union(NSEU) held a mass rally with 12-hundred of its members, expressing its intention to continue the indefinite strike if management does not accept its demands.

The labor union is demanding an average wage increase of five-point-six percent for all union members, a guaranteed day off on the union's founding day, improvement of the performance-based pay system and compensation for losses resulting from the general strike.

Samsung Electronics has been firm with its offer of an average wage increase of five-point-one percent.

Despite the over two-week-long strike, the company reportedly has not suffered any production disruptions as most of its semiconductor production is automated while replacement workers have been called in.

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