The minister said that “emergency arbitration” — an extraordinary measure that suspends industrial action for 30 days — will be inevitable in the event of a strike in Samsung.
2. How this related to sub
(1) Labour management: Korean government & Samsung offered 12% of profit as a profit-sharing scheme to Samsung union. But, they refused the offer and demanded 15%. This led to the government contemplating “emergency arbitration” which suspends the labor strike for 30 days.
1 Comment
1. Summary
The minister said that “emergency arbitration” — an extraordinary measure that suspends industrial action for 30 days — will be inevitable in the event of a strike in Samsung.
2. How this related to sub
(1) Labour management: Korean government & Samsung offered 12% of profit as a profit-sharing scheme to Samsung union. But, they refused the offer and demanded 15%. This led to the government contemplating “emergency arbitration” which suspends the labor strike for 30 days.