Marbridge Daily

<- May 31, 2010 ->

Foxconn to Offer 20% Raise to China Employees

Sohu Business, 5/28/10

Hon Hai (2317.TW), the parent company of Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW), said on Friday that it will increase salaries for Foxconn employees by approximately 20%. Hon Hai spokesman Edmund Ding said the company intends to implement the raise soon, and has been considering plans for a raise for some time.

According to reports from Xinhua, 10 employees at Foxconn's Longhua facility in Shenzhen have committed suicide this year. Another employee made a failed attempt to commit suicide last Thursday.

Foxconn has over 20 manufacturing bases throughout Mainland China, employing a total of 800,000 workers.

Please note, all fields are required.
None of your personal information will be shared with third parties.

Please enter your name

Please enter a valid email address
(City, Country)
Please enter your location
(Please leave empty)

You need to enter a message
Drop Shadow