Samsung agreement expected to trigger other unions' demands for profit sharing - The Korea Times

Contributing sentiments towards policy:

54% : The labor union at HD Hyundai Heavy Industries has also included in this year's demands a proposal to allocate 30 percent of operating profit as a source for "performance sharing," while calling for the benefits to also be extended to subcontracted and migrant workers.
51% : Samsung Electronics' labor and management reached a last-minute agreement on a bonus system just hours before the company's labor unions were set to stage a massive strike.
51% : Given Samsung Electronics' standing in the Korean economy, industry officials expect the deal to serve as a reference point across broader corporate sectors, with other labor unions also likely to demand that portions of operating profit be distributed as performance bonuses in similar ways.
51% : " The labor union at Hyundai Motor is already demanding in this year's wage negotiations that 30 percent of last year's net profit be distributed as performance bonuses.

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