Samsung Staff Rally Against Wide Salary Disparity with SK Hynix, Eyeing Prolonged Strike
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Author:小编   

At Samsung Electronics' sprawling Pyeongtaek facility, tens of thousands of workers staged a protest, voicing their grievances over what they perceive as inequitable remuneration. Should management fail to address their concerns, employees are prepared to embark on an 18-day strike beginning May 21, a move that could potentially disrupt AI chip manufacturing. The root cause of the employees' discontent lies in the pronounced bonus discrepancy between Samsung and its competitor, SK Hynix, prompting a notable exodus of talent. Data from the Samsung Electronics union reveals that bonuses for staff in its semiconductor division lag far behind those of their counterparts at SK Hynix. Samsung, in response, has pledged to pursue a resolution through salary negotiations, echoing earlier statements cautioning that a strike and subsequent production halt could erode customer confidence. In September of the previous year, SK Hynix acceded to the union's proposal for salary reform, exacerbating the sense of dissatisfaction among Samsung's workforce. Consequently, the membership of the Samsung union has swelled to over 90,000, representing more than 70% of its South Korean employees. The crux of the dispute centers on the union's demands to abolish the bonus ceiling, allocate bonuses equivalent to 15% of operating profit, and implement a 7% base wage increase. In contrast, management has countered with a proposal for performance bonuses based on 10% of operating profit, supplemented by additional funds to ensure that bonuses for memory division employees surpass those of their rivals.