Samsung Electronics Labor-Management Coordination Meeting Resumes, Union Emphasizes Institutionalization of Bonuses
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Samsung Electronics' labor and management resumed coordination meetings, with union leader Choi Seung-ho stressing the institutionalization of performance bonuses. He stated that if the company does not formalize a 15% profit-sharing bonus and eliminate bonus caps, negotiations will be difficult, potentially leading to a strike from May 21st to June 7th.