Members of the National Samsung Electronics Union hold a protest in Hwaseong, Gyeonggi Province, July 8. Korea Times photo by Seo Jae-hoon
Samsung Electronics's wage negotiations with its biggest labor union are likely to be postponed until next year, following a confidence vote on the union's leadership Friday.
The National Samsung Electronics Union (NSEU) held a confidence vote over the past week, with 62 percent of members approving the current leadership, according to industry sources, meaning the union members once again trust the NSEU leadership to negotiate wages.
The confidence vote was held after NSEU members voted on Nov. 21 to reject a tentative wage agreement for 2023 and 2024 reached by their leadership.
That agreement, reached following a monthlong strike by the union in July, had included a 5.1 percent pay hike and other bonuses.
The NSEU plans to restart negotiations as soon as possible, but the talks are expected to be scheduled for early next year with less than a month left in the year, the sources said.
The NSEU represents some 36,000 workers, or about 30 percent of the tech giant's total workforce. (Yonhap)
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