News
Apple to pay Foxconn employees direct subsidies
By Charles Starrett
Senior Editor, iLounge
Published: Tuesday, June 1, 2010
News Category: Apple, iPad
Following a rash of suicides that has drawn widespread attention, Apple will soon begin paying direct subsidies to Foxconn employees involved with manufacturing the company’s products in an effort to improve employee happiness. Citing unnamed sources, Chinese-language Zol.com reports (Translated Link) that Apple already pays Foxconn 2.3% of final product prices, but will expand this by paying an additional amount, reportedly in the 1-2% range, directly to the employees, subsidizing their current $132 monthly salary. The report also claims that the subsidies will initially be paid to iPad product line employees; no mention is made of if or when the additional payments might be extended to employees involved in the manufacture of other products such as the iPhone and iPod. [via Engadget]
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1
Wow, seems like a nice thing to do. Wonder if Dell and HP will follow suit?
I’d imagine if for no other reason, looking bad (in comparison) will force their hands…
And just to try and fend off any BS about the wages in China - it’s China. Outsourcing means cheap wages folks. It might seem bad to us, but to them, it’s likely (does anyone know?) a decent paycheck.
If you want big salaries, vote to bring jobs back to the USA, pay more, and we’re all better off.
Posted by sb on June 1, 2010 at 11:45 AM (PDT)
2
wow… 132$ monthly salary… i thought my job was bad
Posted by miles on June 1, 2010 at 2:10 PM (PDT)
3
$132 a month?
Ain’t globalization great?
In the old days, they called it slavery…
Posted by Dick Bacon on June 1, 2010 at 6:20 PM (PDT)
4
Surely every study carried out into employee happiness and satisfaction has shown that financial remuneration doesn’t have an effect on whether or not employees feel valued?
Posted by Ci on June 2, 2010 at 1:53 AM (PDT)
5
132 bucks a month?
WoW!!!!!!
Posted by Badersz1 on June 2, 2010 at 4:17 AM (PDT)
6
$132 per month is a little LESS than the average manufacturing employee in China for 2005! So, they REALLY need a subsidy to compensate for no raise in income in 5 years!
Posted by Sis03 on July 2, 2010 at 9:39 PM (PDT)