Foxconn CEO: “You work fewer hours, but get more pay”

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News Posted: Mon, Apr 2 2012 3:17 PM
After news broke that the Fair Labor Association found numerous working condition violations at Foxconn plants in China, there was some worry that when the factories reduced working hours to more humane levels, workers would see a deep dropoff in pay. At least in word if not yet in deed, Foxconn spoke out to alleviate those concerns.

Last night, a Reuters report quoted Foxconn Chairman Terry Gou as saying that the company is telling its workers, “you work fewer hours, but get more pay”. Gou also pledged to continue to work to increase worker salaries.

Foxconn Chairman Terry Gou (image credit: Reuters)

With thousands of workers scaling back dramatically on hours worked, Foxconn and its subsidiaries will be hiring thousands of new employees to fill the void.
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Everyone quit!!! :(, too bad that won't ever happen.

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