Foxconn workers receive another pay raise

Posted on Friday, October 01 2010 @ 20:56 CEST by Thomas De Maesschalck

Guardian reports Foxconn has decided to increase salaries by two-thirds at its factory in Shenzhen, China. Earlier this year, the company was under fire in the media after a string of worker suicides.

News agency Xinhua quoted company spokesman Liu Kun as saying the roughly 66% pay rise for assembly line workers, the second this year, would bring salaries to 2,000 yuan (£188) per month. The increase starts from this month and will benefit about 85% of workers at the factory, the report added.

Foxconn increased salaries by 30% in June, from 900 yuan to 1,200 yuan per month, for its Shenzhen employees.

A picture of a morale-boosting employee rally at Foxconn. Photograph: Ed Jones/AFP/Getty

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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