Samsung Labor Talks End Empty-Handed on Day One, Resume May 12

Samsung Electronics labor and management returned to the negotiating table on May 11 ahead of a general strike announced for May 21, but the first day of post-mediation talks ended without a result. The key issue was the company’s performance bonus system. Both sides closed the first day of discussions without narrowing their differences over that system. The talks drew attention because they came about ten days before the planned strike date. Labor and management are scheduled to resume negotiations on May 12 and continue efforts to coordinate the disputed points. Whether they can find common ground on the bonus system is expected to be a major factor in the labor-management situation ahead of the strike. Source: mk.co.kr