Samsung Electronics union approves wage deal with 74% support

May 27, 2026, 10:44 am

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Yeo Myung-gu, head of the People Team at the DS Division of Samsung Electronics (left), and Choi Seung-ho, chief of the Samsung Electronics branch of the Samsung Group Labor Union, pose with Labor Minister Kim Young-hoon after signing a tentative wage agreement following salary negotiations at the Gyeonggi Regional Employment and Labor Office on May 20. /Yonhap

Samsung Electronics workers approved a tentative wage agreement reached between management and labor, officially putting the deal into effect after union members voted in favor of the proposal.

According to the joint bargaining committee of Samsung Electronics’ labor union on May 27, 95.5% of eligible voters participated in the vote held from May 21 through 10 a.m. that day. Of those who voted, 73.7% supported the tentative agreement.

Under union rules, more than half of eligible members must participate in the vote and a majority must approve the proposal for the agreement to take effect. With the approval secured, performance bonuses will also be finalized based on the new agreement.

The union is scheduled to hold a formal signing ceremony for the 2026 wage agreement later in the day.

#Samsung Electronics #wage agreement #labor union #salary negotiations #collective bargaining