Foxconn offers $1,800 bonus to workers who stay in iPhone city

Foxconn offers $1,800 bonus to workers who stay in iPhone city

Foxconn gave comparable payments to employees last week who chose to leave the company's premises, mostly to evict newcomers

FPJ Web DeskUpdated: Monday, November 28, 2022, 12:02 PM IST
article-image
Image Source: Wikipedia (Representative)

Foxconn, an Apple Inc. partner, is trying to maintain the labour levels required to run the largest iPhone manufacturing by giving bonuses of up to $1,800 to current employees at its Zhengzhou location.

For full-time employees who started at the beginning of November or earlier, Foxconn, also known as Hon Hai Precision Industry Co., will increase compensation by as much as 13,000 yuan per month in December and January, the firm announced in a notification over the weekend.

Foxconn gave comparable payments to employees last week who chose to leave the company's premises, mostly to evict newcomers who had taken part in violent demonstrations against virus lockdowns.

After a month of coping with Covid limitations and disruptions that resulted in discontent last week, Foxconn's urgent desire to get assembly lines back up and running at full pace is reflected in the exceptionally hefty award.

The vast bulk of Apple's iPhone Pro models are made at the Zhengzhou facility, which typically employs more than 200,000 people. After the protests, more than 20,000 newly hired employees are said to have quit.

In order to resume business as usual, Apple has stated that it is collaborating closely with Foxconn. Both businesses have also stated a commitment to maintaining employee safety.

RECENT STORIES

Poco F7 Teased To Pack 7,550mah Battery, Offer More Than 2 Days Of Usage

Poco F7 Teased To Pack 7,550mah Battery, Offer More Than 2 Days Of Usage

Amitabh Kant Steps Down As G20 Sherpa, Begins New Chapter After 45 Years In Government

Amitabh Kant Steps Down As G20 Sherpa, Begins New Chapter After 45 Years In Government

Which Investment Is Best For Your Child’s Future? Know The Benefits & Drawbacks Of Sukanya...

Which Investment Is Best For Your Child’s Future? Know The Benefits & Drawbacks Of Sukanya...

Oil Prices Jump In International Market Amid Mideast Tensions Between Israel & Iran; Brent Climbs...

Oil Prices Jump In International Market Amid Mideast Tensions Between Israel & Iran; Brent Climbs...

FM Nirmala Sitharaman Distributes ₹5 Crore Worth Of Loan Sanction Letters; Says Modi Uplifts Small...

FM Nirmala Sitharaman Distributes ₹5 Crore Worth Of Loan Sanction Letters; Says Modi Uplifts Small...