A newly formed Samsung SDS union formally requested collective bargaining one
day after launching. Membership applications began afternoon July 6 and topped
2,000 within about two hours; by ~13:30 on July 7 membership had risen to 4,342.
Samsung SDS employs roughly 11,000 staff; the union seeks more than 5,500
members to secure a majority. Management proposes replacing cash performance
bonuses with company stock worth 20% of annual salary; a staff vote on the plan
is underway and closes at midnight July 7. Opponents say stock-based pay links
compensation to share-price and external industry conditions, is harder to
liquidate and is not included in retirement-benefit calculations.
