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Samsung's unions to resume bonus pay talks with management

Published: 24 Mar. 2026, 21:28

A Samsung Electronics flag flies in front of the company's building in Seocho District, southern Seoul, on Jan. 29. [YONHAP]

Unionized workers at Samsung Electronics said Tuesday they have agreed to resume talks with management ahead of a planned strike in May over bonuses.

"We had a labor-management meeting at 2 p.m., and management expressed its willingness to discuss removing the cap on performance-based bonuses and other issues," a joint board of three labor unions, including the National Samsung Electronics Union, said in a statement.

"Accordingly, we have decided to resume negotiations," it added.

The two sides will hold full-scale negotiations on Thursday and Friday following a working-level meeting on Wednesday.

The announcement came a day after the joint union body held discussions with Vice Chairman and CEO Jun Young-hyun.

Last week, the unions said 93.1 percent of their members supported the strike plan in a vote. The three unions have around 90,000 members.

The unionized workers have been demanding that management remove a cap on bonuses and grant a 7 percent wage hike, along with greater transparency in calculating performance-based bonuses.

Yonhap