Samsung Electronics labor talks hinge on union call over bonus cap demand

Samsung Electronics’ labor and management are continuing post-mediation talks on wages and a collective agreement through the 12th, with the central issue being the union’s demand to abolish and institutionalize the cap on performance bonuses. According to the original report, the union’s decision is seen as the key factor that could determine the direction of negotiations. Management says accepting the demand could trigger opposition from the DX division and shareholders, making it difficult to concede. The focus now is whether both sides can narrow their gap over how performance bonuses are calculated and formalized. Source: mk.co.kr.