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 from this month. Its workers can opt to take a three-day weekend the week on which the company’s monthly pay schedule falls, the 21st of each month.
All employees of both the 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 it Family Day while the DX is promoting it as Development Day.
But only those who can meet the 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 move is in line with Samsung Electronics Chairman Lee’s focus to increase flexibility in the corporate culture to retain talented workers and on being an organization that promptly adapts to rapid industrial changes.
The four-day workweek has increasingly become an option across the world as a way to give employees more freedom in choosing work hours for better...
Patricia White, 70, of Old Greenwich, received a nine-month prison sentence for submitting false claims for unclaimed properties to around 30 state treasuries. HARRISBURG, Pa. — Months after her br...