Samsung Securities, 4.9% Wage Increase Following Labor-Management Negotiations

Signing Ceremony for the Collective Bargaining Agreement Held on the 10th

Samsung Securities announced on the 10th that it has concluded the 2024 wage collective bargaining through individual negotiations with two labor unions, Samsung Securities Labor Union and Samsung Securities Integrated Labor Union.

At the signing ceremony held that day, the agreed wage increase rate between Samsung Securities management and labor was 4.9% for this year. Additionally, to strengthen maternity protection, the paid period for shortened working hours during pregnancy was extended, and accommodation support for business trips was increased.

Samsung Securities has conducted individual negotiations with both unions for over 20 years. They stated that this time as well, the wage negotiations were smoothly concluded without conflicts between the unions.

Yang Wan-mo, Senior Executive Director of HR Support at Samsung Securities, said, "Samsung Securities has been able to find a consensus in annual wage collective bargaining through continuous dialogue based on mutual trust with the labor unions," adding, "We will continue to make our best efforts to become a company that grows together with various stakeholders, including employees, by cooperating mutually with the labor unions."

This content was produced with the assistance of AI translation services.