Samsung Electronics’ minority labor union representing non-chip workers says it will continue its legal challenge to a recently reached wage and bonus agreement, despite votes by the company’s largest unions approving the deal. The dispute centers on compensation tied to the semiconductor business. Two major unions representing more than 65,000 members approve an agreement that includes a special semiconductor performance bonus, reported as equivalent to 10.5% of business performance earnings without a cap, with bonuses aimed largely at chip employees. Non-chip unions, including one with about 13,000 members covering smartphones, TVs and home appliances, previously sought an injunction to suspend or halt the vote on the wage package. After the vote concluded, the minority union shifts to seeking to block implementation and plans to submit revised injunction documents to the court next week. Another union, Samsung Electronics Company Union (SECU), also files for an injunction with the Suwon District Court to halt the voting process, arguing about equality in the distribution of bonuses. Sources report that most eligible employees cast ballots before voting closed, making approval likely, but court rulings are expected to introduce uncertainty. A decision is expected within about a month.
Samsung non-chip unions seek court block of wage deal after semiconductor bonus vote
Samsung Electronics’ minority labor union representing non-chip workers says it will continue its legal challenge to a recently reached wage and bonus agreement, despite votes by the company’s largest...
- Samsung’s largest unions approve a wage/bonus agreement that gives semiconductor (chip) employees a large bonus while providing limited or no comparable bonus to many non-chip workers.
- A minority union representing non-chip divisions such as smartphones, TVs and home appliances files for a court injunction related to the wage deal, first seeking to halt voting and then aiming to block implementation.
- The injunction requests are filed with South Korea’s Suwon District Court, and additional or revised injunction documents are planned.
- Eligible employees vote on the agreement, and reporting indicates turnout is high; approval appears likely, but court outcomes could still change implementation.
- Samsung performance-linked semiconductor bonuses are described in reports as a special bonus based on business performance earnings (including a reported 10.5% rate without a cap).
A minority labor union at Samsung Electronics representing consumer electronics employees will continue its legal challenge against a recently reached wage agreement, the union's lawyer said Friday. Earlier this week, the tech giant's two largest unions, representing more than 65,000 members, approved the agreement, which includes a substantial bonus package for chip employees amid booming earnings from artificial intelligence-related semiconductor business. The smaller union, which has about 13,000 members primarily from the company's smartphone, TV and home appliance divisions, had initially filed for an injunction to suspend the vote on the wage deal. However, after the vote concluded, the minority union said it will instead seek to block implementation of the agreement and plans to submit revised injunction documents to the court next week, the lawyer said. The ruling is expected within a month. Under the agreement, Samsung will provide a special semiconductor performance bonus equivalent to 10.5 percent of business performance earnings without a cap. The bonuses will be paid in compan
3 months agoA union representing Samsung’s consumer electronics workers initiated legal action on Tuesday, seeking to block a company-wide vote on a labor agreement
3 months agoSamsung Electronics Co.’s largest union voted in favor of a compensation deal that will hand chip workers an average bonus of about $340,000, staving off a strike that threatened to disrupt global chip supply.
3 months agoDisputes between labor unions at Samsung Electronics are deepening over a tentative wage agreement reached between management and a semiconductor union last week, with employees from the company’s device division seeking a court injunction to block the agreement from being approved through an ongoing vote. With more than 90 percent of eligible employees having voted as of 10 a.m. Tuesday, 24 hours before the voting closes, the agreement, which allows large bonuses only for the company’s chip division employees, appears likely to pass, given that semiconductor employees account for the majority of voters. However, the outcome of the injunction request could still become a variable. Samsung Electronics Company Union (SECU), the company’s third-largest labor union, filed the injunction request with Suwon District Court on Tuesday, asking the court to halt the voting process. The majority of SECU members are from the company’s Device Experience (DX) division, which covers mobile, home appliance and other network devices. “The representative union turned a blind eye to the equality
3 months agoA smaller Samsung Electronics union representing roughly 13,000 workers in the company’s smartphones, televisions and home appliances divisions has filed an injunction at South Korea’s Suwon District Court to halt an ongoing companywide vote on a bonus deal that would deliver a windfall to memory chip workers and almost nothing to everyone else. The injunction […] This story continues at The Next Web
3 months agoDisputes between labor unions at Samsung Electronics are deepening over a tentative wage agreement reached between management and a semiconductor union last week, with employees from the company’s device division seeking court injunctions to block the agreement from being approved through an ongoing vote. With more than 90 percent of eligible employees having cast their votes as of 10 a.m. Tuesday, 24 hours before the voting closes, the agreement, which allows handsome bonuses only for the company’s chip division, appears likely to pass given that semiconductor employees account for the majority of voters. However, the outcome of the injunction requests could still emerge as a variable. Samsung Electronics Company Union (SECU), the company’s third-largest labor union, filed its injunction request with the Suwon District Court on Tuesday, asking the court to halt the voting process. The majority of SECU members are from the company’s Device Experience (DX) division, which covers mobile, home appliance and other network devices. “The representing union turned a blind eye to the
3 months ago
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