CHAPTER FOUR
ABOUT SAMSUNG
Samsung is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol. The meaning of the Korean hanja word Samsung is "Tri-Star" or "three stars". The word "three" represents something big, numerous and powerful. Samsung Electronics tries to provide an ideal workplace where employees can take great pride in their work and put their trust in management, a workplace where they are bolstered as their ambition is fulfilled and rewarded. The Labor-Management Council works for employee welfare in line with solidifying the Company’s growth …show more content…
The labor and management representatives find optimal solutions for improving productivity, working conditions, employee health, personnel and wage system, processing lines and operational procedures, and employee welfare benefits.
They also deal with performance-based rewards, employee reeducation, labor dispute prevention, ombudsman services, and other matters requiring labor-management cooperation. Matters related to the Company-wide managerial plan, business performance, production plan and turnover, personnel management and financial statements are reported periodically to the council. The result of each council meeting is released promptly to the employees. Ombudsman committee and the open counseling center. The Ombudsman Committee provides solutions for employees dealing with work related problems. Thus, employees can confidently concentrate on their tasks. When ombudsman was reported the grievance from an employee, it is supposed to report the results to the employee. As demands for counsel of female workers and employees increase, Samsung Electronics has established and operated ‘Women counseling center’ at the plant …show more content…
Another bad side of Samsung labor relation include overtime hours in excess of regulations. In November [2012], Samsung established a code of conduct for all suppliers in line with standards set by the Electronic Industry Citizenship Coalition. Samsung appeared to be growing more proactive in dealing with allegations of impropriety in response to growing scrutiny of corporate practices in South
ABOUT SAMSUNG
Samsung is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol. The meaning of the Korean hanja word Samsung is "Tri-Star" or "three stars". The word "three" represents something big, numerous and powerful. Samsung Electronics tries to provide an ideal workplace where employees can take great pride in their work and put their trust in management, a workplace where they are bolstered as their ambition is fulfilled and rewarded. The Labor-Management Council works for employee welfare in line with solidifying the Company’s growth …show more content…
The labor and management representatives find optimal solutions for improving productivity, working conditions, employee health, personnel and wage system, processing lines and operational procedures, and employee welfare benefits.
They also deal with performance-based rewards, employee reeducation, labor dispute prevention, ombudsman services, and other matters requiring labor-management cooperation. Matters related to the Company-wide managerial plan, business performance, production plan and turnover, personnel management and financial statements are reported periodically to the council. The result of each council meeting is released promptly to the employees. Ombudsman committee and the open counseling center. The Ombudsman Committee provides solutions for employees dealing with work related problems. Thus, employees can confidently concentrate on their tasks. When ombudsman was reported the grievance from an employee, it is supposed to report the results to the employee. As demands for counsel of female workers and employees increase, Samsung Electronics has established and operated ‘Women counseling center’ at the plant …show more content…
Another bad side of Samsung labor relation include overtime hours in excess of regulations. In November [2012], Samsung established a code of conduct for all suppliers in line with standards set by the Electronic Industry Citizenship Coalition. Samsung appeared to be growing more proactive in dealing with allegations of impropriety in response to growing scrutiny of corporate practices in South