Samsung Electronics unionized workers met with Vice Chairman and CEO Jun Young-hyun on Monday to discuss their concerns ahead of a planned strike in May over bonus disputes, according to the labor union.
Last week, the union initially planned a press conference near Samsung Electronics Chairman Lee Jae-yong’s residence in Seoul to announce their collective action. However, the union cancelled the event after the company’s management proposed a meeting with CEO Jun.
During the morning meeting, CEO Jun acknowledged the workers’ concerns and assured them that the company will review the union’s demands, the union reported.
Jun, who also leads Samsung’s crucial chip business, stated that the company needs to carefully consider various options for bonus distribution across its different business units. He also expressed openness to further discussions in the near future if required, the union added.
The union is advocating for the removal of the bonus cap, a 7 percent wage increase, and increased transparency in the calculation of performance-based bonuses.
