Posted on 04/30/2024 12:26:01 PM PDT by NohSpinZone
The weekend is about to look a little less like the weekend for the bosses at one of the world’s largest technology and manufacturing companies.
Samsung will soon require its executives to work six days a week, according to an April 18 report from the Korea Economic Daily. The Korea-based conglomerate, which makes Galaxy smartphones, flatscreen televisions, appliances and a wide range of other devices, is a stalwart of the tech industry. It generates tens of billions of dollars of revenue every quarter. But after a weak financial year, the executives leading that effort will have to put in one extra workday.
“Considering that performance of our major units, including Samsung Electronics, fell short of expectations in 2023, we are introducing the six-day work week for executives to inject a sense of crisis and make all-out efforts to overcome it,” an unnamed Samsung Group executive told KED. Samsung Electronics is Samsung Group’s flagship subsidiary.
For some Samsung executives, the policy began as early as April, according to KED. It’s worth noting that many of the bosses may have already been putting in sixth workdays.
But now, that Saturday or Sunday at work is a requirement — a move that pushes Samsung in the opposite direction of some Bay Area tech startups. The four-day workweek, a political position of progressives like Bernie Sanders, caught some traction with tech firms in San Francisco and Oakland during the pandemic.
(Excerpt) Read more at sfgate.com ...
Aren’t there work labor laws that impact this?
I’m not into saying that people shouldn’t spend their time
well at work, but forced six day weeks doesn’t sound very
enlightened.
Would at will employees who are on salary be covered by labor laws like this though?
And they wonder why the suicide rate in Korea is so high?
They don’t call it “Hell Korea” for nothing.
I’m not sure honestly, but I’d be surprised if they can be ordered against their
will to work 48 hours per week, or else. They were hired to work 40 hours per.
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