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Samsung Electronics management and its union extended talks past the Central Labor Commission’s original deadline of 10:00 p.m. on the 19th, negotiating into the early hours of the 20th. They failed to reach an agreement and said they would resume discussions at first light. With the union’s planned company-wide strike set to begin on the 21st—just a day away—attention is focused on whether the parties can narrow their differences.
At about 1:00 a.m. on the 20th, the Central Labor Commission announced it had concluded the second day of the second post-mediation session. Because the meeting crossed into the 20th, officials reclassified it as the third session; the meeting proceeded and was recessed at 12:30 a.m. The commission plans to reconvene the third session at 10:00 a.m., roughly 9 hours and 30 minutes later.
The talks began at 10:00 a.m. on the 19th at the Central Labor Commission in the Sejong Government Complex, but negotiations continued past midnight into the 20th, lasting more than 14 hours.
At around 7:14 p.m., Park Su-geun, chair of the Central Labor Commission, said he expected an agreement, a draft proposal, or a decision on acceptance by about 10:00 p.m.; if talks ran late, he anticipated a decision by roughly 10:30 p.m.
By about 11:00 p.m., some believed the post-mediation had concluded. However, late-stage disagreements over how to calculate performance bonuses prevented a deal. The chief points of contention were the size of the bonus pool, whether to remove the cap and institutionalize the system, and how to distribute payments among business units.
If the mediation that resumes at 10:00 a.m. fails to produce an agreement, the union is likely to proceed with the previously announced 18-day company-wide strike beginning on the 21st.
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