Samsung Makes Recession In 4.1% Hike!!! Check How It Affects Employees: Samsung, the world’s largest memory chip and smartphone maker has planned to cut the hike pay to the employees due to the slowdown of the global economy. The company has made an agreement with employees for making 4.1% hikes in a year.
The company also plans to hold raises for the board members. The pay increment is lower by 9% when compared to the previous year, which was the highest in the decade. According to the sources, this announcement is made earlier in the day by the company internally.