Samsung DX Union Plans Protest Over 100-Fold Bonus Gap
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- Samsung Electronics DX division employees plan a protest today over performance bonus disparities.
- The union, 'Donghaeng Union,' demands 1,000 company shares per employee and renegotiation of wage talks.
- A significant pay gap exists between the DX division and the DS division, with DS employees potentially receiving up to 600 million won in special bonuses while DX employees receive about 6 million won.
Around 3,000 employees from Samsung Electronics' DX (Device eXperience) division are set to protest today, demanding fair compensation amidst significant performance bonus disparities. The 'Donghaeng Union' plans to gather near the Samsung Seocho building in Seoul, expressing anger over what they call a "100-fold gap" in bonuses compared to other divisions.
DX division employees to be compensated with approximately 1,000 company shares per person.
The union's core demands include providing DX employees with approximately 1,000 company shares each as compensation. They also call for a complete renegotiation of wage talks, which they believe have sidelined the DX division. Employees are expected to wear black to the protest, signaling their strong discontent.
Completely scrap the wage negotiations agreed upon by labor and management in May and engage in substantive negotiations.
The protest highlights a stark financial divide within Samsung. Employees in the DS (Device Solutions) division, which handles the semiconductor business, are reportedly set to receive up to 600 million won in special bonuses and profit-sharing payouts due to the memory market boom. In contrast, DX division employees are said to be receiving around 6 million won, fueling resentment and the current labor action.
The compensation gap between the DX division and the DS division, which is in charge of the semiconductor business, is excessively large.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.