Feb 07, 2022 11:49 AM (GMT+8) · EqualOcean
According to foreign media reports, due to the failure to reach an agreement with the management on the salary in 2021, the national Samsung Electronics labor union filed an arbitration application with the National Labor Relations Commission of South Korea over the weekend. The union said that if the arbitration agreement could not be reached within 10 days, the Union would have the legal right to strike, which had never happened in Samsung's 53 year history. "Although the Union has held 15 rounds of negotiations with Samsung, the management unilaterally delayed the progress of the negotiations in a deceptive way," the union said Samsung Electronics Management said it would continue to negotiate with workers, but refused to accept the Union's request to increase the annual salary of 10 million won (about 53000 yuan) for each employee and pay a performance bonus equivalent to 25% of the group's operating profit.