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General

Foxconn to raise wages at China factories

Sunday 26 February 2012 | 23:49 CET | News
Electronics manufacturer Foxconn will raising the base wages of its workers in China. Wages will be increased by 16 to 25 percent and extra work hours will be reduced, Xinhua reports. "We are increasing the base pay to ensure that our workers' earnings will not drop much when their overtime hours are reduced. In this way, we hope to keep the good, qualified workers. Though the pay raises will definitely increase our costs, they will help save on recruitment expenses and lower the defect rate of our products," Foxconn spokesperson Liu Kun said. The new policy will not allow employees to work

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Categories: General
Companies: Apple / Foxconn
Countries: China
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