Friday, February 17, 2012

Foxconn Increases Wages, Raises Pay By 16-25% For Chinese Workers

0525-OSUICIDE-China-Foxconn_full_600Foxconn is under increased scrutiny as of late. The nearly 40-year old company assembles a big portion of the world's electronic goods but many are questioning its treatment of workers. But nothing calms a troubled soul like cash. The company just released a statement indicating pay raises for Chinese workers just before the Fair Trade Association is set to interview employees about life at Foxconn. The base pay of junior level worker in Shenzhen is now at 1,800 yuan ($290) per month and, if the worker passes a technical examination, it will be raised to 2,200 yuan. Three years ago the base pay was just 900 yuan per month.

Source: http://techcrunch.com/2012/02/17/foxconn-increases-wages-raises-pay-by-16-25-for-chinese-workers/

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