Monday, 24 February, 2025
Samsung Electronics Union Secures 5.1% Wage Hike in South Korea
Samsung Electronics and its South Korean labor union have agreed to a 5.1% wage increase after negotiations. This marks a significant deal for the tech giant, reflecting rising labor demands in the industry. The agreement aims to improve employee satisfaction while maintaining competitiveness. As unions gain influence, similar wage adjustments may follow across South Korea’s tech sector.
Read full story at Economic Times