23 Feb '12, 11am

Foxconn raises base wages, reduces overtime hours

Foxconn raises base wages, reduces overtime hours

Foxconn announced on Monday it is raising the base wages of its workers on the Chinese mainland by 16 to 25 per cent as of Feb 1 and will reduce the number of extra hours they may work. -- PHOTO: REUTERS SHENZHEN, Guangdong (CHINA DAILY/ASIA NEWS NETWORK) - Foxconn announced on Monday it is raising the base wages of its workers on the Chinese mainland by 16 to 25 per cent as of Feb 1 and will reduce the number of extra hours they may work. Foxconn spokesman Liu Kun said the rate of the pay raises will differ according to the job location and description and the workers' skills. The base pay for a new assembly line worker in Shenzhen, for example, will increase from the current 1,550 yuan (S$309) a month to 1,800 yuan, and after passing a six-month evaluation, that worker will earn a monthly base salary of 2,200 yuan instead of the current 2,000 yuan. Mr Liu said this is th...

Full article: http://www.straitstimes.com/BreakingNews/ANN/Story/STISto...

Tweets

Foxconn hikes wages in China: Taiwan-based EMS ...

digitimes.com 20 Feb '12, 5am

Ninelu Tu, Taipei; Adam Hwang, DIGITIMES [Monday 20 February 2012] Taiwan-based EMS provider Foxconn Electronics (Hon Hai ...

CBD taxi rule hours to be shortened from 1 March

channelnewsasia.com 22 Feb '12, 7am

SINGAPORE: From 1 March, operational hours for the Central Business District (CBD) taxi rule will be shortened and aligned...