Samsung Electronics Co. is joining the global four-day workweek move, albeit only partially, under its chief Jay Y. Lee’s leadership that emphasizes flexibility in corporate culture and governance to retain talented employees.
According to industry sources, Samsung Electronics will let its non-factory employees work four days a week once a month starting this month. Its workers can opt to take a three-day weekend in the week, on which the company’s monthly pay schedule, the 21st of each month, falls.
All employees of both Device Solutions (DS) and Device Experience (DX) divisions are allowed to take a day off on Friday of the paycheck week every month. The DS will call the day as Family Day while the DX promotes the day as Development Day.
But only those who can meet a 160- to 168-hour working month requirement are allowed to request a four-day workweek. Samsung workers can also choose to work instead of taking a day off.
Samsung Electronics’ four-day working week comes after its workers’ representative body agreed on the company’s offer during their annual wage negotiations early this year.
WORK-LIFE BALANCE
This is also in line with Samsung Electronics Chairman Lee’s focus to increase flexibility in the corporate culture to retain talented workers and to make the organization promptly adapt to rapid industrial changes.
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