Samsung Electronics Seocho office building in Seoul. Reporter Hwang Jin-hwanSamsung Electronics is about to sign the first labor-management wage agreement since its establishment in 52 years.
According to the industry on the 23rd, Samsung Electronics’ management submitted the final draft for wage and welfare negotiation in the final negotiations related to the 2021 wage negotiations with the union joint bargaining group held on the 21st.
The final draft included discussions on measures to abolish or improve the wage peak system through the labor-management win-win consultative body, and discuss measures to improve the system to strengthen employees’ right to rest, but it is known that the wage increase requested by the union was omitted.
The union requested the management to raise the contract annual salary of all employees by 10 million won and to pay 25% of the annual operating profit as a performance bonus, but the management refused to raise any additional wages other than the existing wage increase for 2021 set by the labor-management council made up of executives and employees in March last year. difficult position. In particular, it is reported that the labor-management wage negotiations started at the end of last year, when most of the annual management and investment plans were executed, and they are having a hard time spending additional labor costs.
The union started voting the day before with about 4,500 union members to decide whether the management would accept the final draft.
Samsung Electronics’ union is affiliated with the Korea Federation of Trade Unions (KCTU), and its activities began in earnest after Samsung Electronics Vice Chairman Lee Jae-yong declared ‘abolition of the principle of non-union management’ in 2020.
Samsung Electronics signed the first labor-management collective agreement since its establishment in August of last year, and since October, it has entered into wage negotiations for 2021 and held 15 rounds of negotiations, including 9 main negotiations.
