Prior to reaching a deal this week, the Samsung Electronics' union in South Korea was threatening to strike over demands for significant performance bonuses. Professor Munseob Lee shares what it would take for a high-returns model to be sustainable: https://ow.ly/6wBa50Z5fn2
Samsung Unions Bonus Demand Sparks Scholar Flexibility Warning Global experts argue profit-sharing during booms requires accepting lower wages and layoffs during recessions, urging structural labor reforms