Korean Talks
Image default
Finanace

Unionized workers of Samsung Biologics continue strike for 2nd day

Unionized workers at Samsung Biologics, the biotech arm of Samsung Group, continued to stage a strike Saturday for a second day, according to union officials, with the union and the company showing little signs of bridging gaps over wages and other issues. The union of Samsung Biologics began the strike on Friday, marking the first walkout since the company’s establishment in 2011. The union is seeking a 14 percent increase in both base and performance-related pay, a one-off cash incentive of 30 million won per worker and bonuses equivalent to 20 percent of annual operating profit. The company has proposed a combined 6.2 percent increase in base and performance pay.

Related posts

Kumho Tire supplies EV tires to Skoda

Claire R. Peck

Are we facing an AI nightmare?

Claire R. Peck

Wolf instinct: how an escaped South Korean zoo wolf survived nine days on carcasses

Claire R. Peck