Samsung labour union members will vote on a tentative wage deal this week. This agreement averted a major strike at the South Korean chip giant. The provisional deal was reached following government-mediated talks. The semiconductor division will receive a new bonus pool equivalent to 10.5% of operating profit. This is paid in stock.

Samsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike by 45,000 workers could disrupt global…

Samsung Electronics labor unions said Wednesday they decided to suspend their general strike scheduled to start Thursday and will launch a vote by...

All eyes are on the Saturday vote.

Union to put tentative pay agreement struck with management to a vote

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Samsung labour union members will vote on a tentative wage deal this week. This agreement averted a major strike at the South Korean chip giant. The provisional deal was reached…

SAMSUNG-ELEC-Samsung workers to begin vote on pay deal