Samsung May Face First Labor Strike

Samsung May Face First Labor Strike

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Business

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The transcript discusses the ongoing negotiations between Samsung's management and the union over salary hikes. Initially, management failed to reach an agreement with the union, leading to a potential strike vote. Last year, a 4.1% salary hike was agreed upon with some employee representatives, but the union demands a 6% increase and direct talks with management. The union also opposes the company's union-free tradition. Samsung Chairman JY Lee apologized for past union issues and promised changes.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action is the union considering due to the failed salary hike agreement?

Filing a lawsuit

Negotiating with other companies

Going on a strike

Organizing a protest

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the agreed salary hike percentage last year?

4.1%

3.5%

6.0%

5.0%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the union's demand for the salary hike this year?

4.1% with no bonus

5% with a bonus

6% including some bonus

7% with additional benefits

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the union's main criticism of the management's negotiation approach?

Delaying the negotiation process

Not providing enough bonuses

Offering insufficient salary hikes

Ignoring the union and maintaining a 'union-free' tradition

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Samsung's Chairman JY Lee apologize for?

Not having a labor union

Delaying the negotiations

Ignoring employee representatives

Not increasing salaries