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.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the potential strike by the union?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage of the salary hike that was agreed upon last year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the union demanding in terms of salary hike?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the management's approach to the union reflect their traditional practices?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What did trainee Samsung Chairman JY Lee apologize for?

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