Samsung, Chennai Plant Workers Reach Pact On Wage Hike

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SUMMARY

Samsung and the members of CITU-backed Samsung India Workers’ Union (SIWU) have reached a pact on wage hikes, promotions and incentives

As per the pact, workers will receive a wage hike of INR 18,000 over three years, as well as a special wage hike based on experience

The agreement also includes a one-time promotion for workers who have completed six years of service

Samsung and the members of CITU-backed Samsung India Workers’ Union (SIWU) have reached a pact on wage…



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Samsung, Chennai Plant Workers Reach Pact On Wage Hike


SUMMARY

Samsung and the members of CITU-backed Samsung India Workers’ Union (SIWU) have reached a pact on wage hikes, promotions and incentives

As per the pact, workers will receive a wage hike of INR 18,000 over three years, as well as a special wage hike based on experience

The agreement also includes a one-time promotion for workers who have completed six years of service

Samsung and the members of CITU-backed Samsung India Workers’ Union (SIWU) have reached a pact on wage…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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