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Foxconn Employees Get 20 Percent Pay Raise

The Wall Street Journal reports that Hon Hai Precision (trade name Foxconn) has decided to raise all wages by an average of 20 percent. Discussions have reportedly been going on for a while now and though the decision to raise wages come at a time when the company is under a huge amount of scrutiny for how it treats employees, the company says the decision was not influenced by the current suicide cluster plaguing the factory.

"It is not because of the suicides," spokesman Edmund Ding said. "The discussion has been going on for a long time."

Mr. Ding went on to say that the company has authorized managers in different provinces to determine how much the raise should be. "It would be an average 20 percent increase, which means some areas will be more than 20 percent," Mr. Ding said, failing to mention that some of those increases would equally have to be lower than 20 percent to arrive at that average.

Hon Hai has yet to specify a date for the increases but Ding says, "it should be very soon."

Recent undercover reports into how workers at Foxconn are treated revealed that employees must sign a voluntary affidavit to waive the 36-hour legal limit on monthly overtime hours. Employees are willing to sign because without overtime, they cannot make a decent wage.

  • proxy711
    +20% of almost nothing is still a small amount.
    Reply
  • Computerrock1
    Took em long enough, hopefully that i'll solve there problem...
    Reply
  • theDARKW0LF
    Oh, it has everything to do with the suicides, I assure you.
    Reply
  • murdoc
    It's a good start. A start that will "happen soon".
    Reply
  • Kelavarus
    otacon72The base monthly salary at the Longhua plant is Rmb950 ($140) but staff said they made almost Rmb2,000 a month including overtime.A whopping $140 a month... that wouldn't even pay my cell/data card bill...
    Goes a long way in China though. Is that a reflection of the raise, or instead your own 'living' expenses?
    Reply
  • shadow187
    $140 a month is about half of minimum wage (40 hours a weak)...
    Reply
  • Don't forget they live inside factory cities. Their rent and food are deducted from their paychecks. For these companies it is still win/win for them. Sad.
    Reply
  • Gin Fushicho
    20% huh? It is because of the suicides. Perhaps this will encourage them to live longer?
    Reply
  • siuol11
    This bears repeating for your clueless libertarians;
    Don't forget they live inside factory cities. Their rent and food are deducted from their paychecks. For these companies it is still win/win for them. Sad.
    from ttt222
    Reply
  • cybot_x1024
    so now this means they'll commit suicide 20% less?
    Reply