Samsung Electronics labor union puts off strike plan, set to hold members’ vote

Samsung Electronics labor unions said Wednesday they decided to suspend their general strike scheduled to start Thursday and will launch a vote by union members on the tentative agreement reached with the company’s management over bonus system. The unions said members will cast their votes from 2 p.m. on Friday through 10 a.m. on May 27. The decision came about six hours after the unions and the management of the company resumed talks over performance-based bonus payment systems, with Labor Minister Kim Young-hoon attending the negotiation session. The additional session was arranged after the two sides failed to reach an agreement in their talks mediated by the National Labor Relations Commission (NLRC).

Original source: Korea Times