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Samsung Electronics, union reach tentative wage deal for 5.1 pct pay hike
SEOUL, Feb. 24 (Yonhap) -- Samsung Electronics Co. and its labor union on Monday reached a...
SEOUL, Feb. 24 (Yonhap) -- Samsung Electronics Co. and its labor union on Monday reached a tentative wage agreement, which includes an average 5.1 percent pay raise for 2025, officials said. The two sides also agreed to form a joint task force to improve the bonus system, with updates shared every six months. "We will focus on strengthening our business competitiveness by using this wage agreement as an opportunity for labor-management harmony," an official from Samsung Electronics said.
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