Pirat_Nation 🔴 (@Pirat_Nation) “Samsung and its union reached a tentative agreement at the last minute just befo” — TopicDigg
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Samsung and its union reached a tentative agreement at the last minute just before a planned 18-day strike, ending five months of negotiations over profit-sharing bonuses.
The proposed deal includes:
>A 12% profit-sharing bonus for workers
>Additional uncapped payouts from the semiconductor division
>A 10-year treasury share program
While the union had pushed for a 15% bonus, the agreement still compares favorably to the 10% offered by SK Hynix.
Union members are set to vote on the proposal between May 21 and May 28.
Samsung also said it plans to take a more cooperative and humble approach to labor relations moving forward
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