It’s worth noting that they have a much different base/bonus pay structure than workers in the US, which is not mentioned in the article. Samsung Korea employees can be making half of the base pay that equivalent Samsung America employees make, but have a much higher bonus percentage to make up for that.
This makes their pay much more volatile based on market forces. On a bust year they may get zero bonus. Seems unfair to cap how much bonus they can get in a good year, but not cap how low it can go in a bad one.
The title of this post seems to communicate that goal, even if it’s not the intent. It is worth noting that the article itself seems to read more as if Samsung is going through bad management decisions amid market turmoil. The current market demand on Samsung has some sectors performing with insane profits, yet others completely underperforming. This current topic is the offproduct of the statements of the lesion between the union reps and the company, to which this individual has already been replaced. They were pushing for a distribution of earnings based on how their respective sector performed.
Also not to be outdone, wronged workers are doing what wronged workers do best. A strike is planned for the near future, and Samsung is currently responding by cutting production quotas in advance. It is not a company wide strike, rather it is a strike of just the specific division of Samsung that’s getting lesser earnings. The union seems to see that amid the AI craze, their underperforming sector is at risk of being diminished, even if only temporarily.
I can add more, but I dont wanna interpret for others and I think I’ve done that enough already. Its not a long or bad read, y’all can see for yourself.
This seems like propaganda to pit us against the strikers.
It’s worth noting that they have a much different base/bonus pay structure than workers in the US, which is not mentioned in the article. Samsung Korea employees can be making half of the base pay that equivalent Samsung America employees make, but have a much higher bonus percentage to make up for that. This makes their pay much more volatile based on market forces. On a bust year they may get zero bonus. Seems unfair to cap how much bonus they can get in a good year, but not cap how low it can go in a bad one.
Or propoganda to remind people to strike!
The title of this post seems to communicate that goal, even if it’s not the intent. It is worth noting that the article itself seems to read more as if Samsung is going through bad management decisions amid market turmoil. The current market demand on Samsung has some sectors performing with insane profits, yet others completely underperforming. This current topic is the offproduct of the statements of the lesion between the union reps and the company, to which this individual has already been replaced. They were pushing for a distribution of earnings based on how their respective sector performed.
Also not to be outdone, wronged workers are doing what wronged workers do best. A strike is planned for the near future, and Samsung is currently responding by cutting production quotas in advance. It is not a company wide strike, rather it is a strike of just the specific division of Samsung that’s getting lesser earnings. The union seems to see that amid the AI craze, their underperforming sector is at risk of being diminished, even if only temporarily.
I can add more, but I dont wanna interpret for others and I think I’ve done that enough already. Its not a long or bad read, y’all can see for yourself.
All it does is make me think “wow, Samsung is really cheaping out with the logic staff, strike harder!”
Trying to coverup abusive practices by exec’s