During a policy review meeting at the Government Sejong Center, Minister Kim stated, "Just as Samsung Electronics has become a world-class company through technology, it should also set a new standard in labor relations."
Previously, the Samsung Electronics labor union had been negotiating with management since December of last year, demanding the elimination of the cap on performance bonuses. However, after failing to reach an agreement, the union declared a breakdown in negotiations and announced plans for a general strike starting on May 21.
In this context, the Samsung Electronics mega union will participate in the post-adjustment procedures at the Central Labor Relations Commission on May 11 and 12, following mediation by labor authorities.
Minister Kim also noted on his social media platform X earlier that morning, "Today marks the start of the hard-won post-adjustment process for Samsung Electronics. I thank both labor and management for their decisions. While this adjustment may not be easy, the solution may already be closer than we think."
The Ministry of Labor plans to support Samsung Electronics and its labor union in finding common ground through dialogue and compromise.
Minister Kim emphasized, "We must build a labor relationship that transcends individual interests and fosters mutual growth. I hope this situation sparks active social discussions on the appropriate sharing and distribution of corporate performance, and the government will provide support for this."
* This article has been translated by AI.
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