Samsung Elec, union in South Korea agree 5.1% wage increase
Bogdan Hofbauer
SEOUL : Samsung Electronics and its labour union in South Korea have reached an agreement for a 5.1 per cent wage increase, the company and the union said in separate statements on Monday. Members of the National Samsung Electronics Union (NSEU), whose roughly 36,000 members make up about 30 per cent of the company's South Korean workforce, will vote on the preliminary deal from February 28 to March 5, the two sides said. The deal includes 30 shares in the company and other perks such as
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