Micron Workers Oppose Bonus Plan
REPORTER:
US memory chip firm Micron is offering employees a cash bonus worth around US$32,000 this year. But union workers in Taiwan aren’t happy with the arrangement, saying it could just be a one-off, not a stable bonus plan.
Wei Yu-ling (TAOYUAN CONFEDERATION OF TRADE UNIONS):
What employees worry about is if the company doesn’t make a long-term systemic reform will we only get this money this year?
REPORTER:
Union reps want 15 percent of operating profit set aside for future employee bonuses, a profit-sharing measure like some competitors offer. They say they have not ruled out a strike but are open to talks. Micron says its current offer is the biggest bonus payout in the company’s history, and that it is listening to workers' perspectives and remains committed to good-faith mediation.
We will continue listening to our team members’ perspectives and remain committed to engaging in the mediation process in good faith. Our competitive total rewards program is intended to ensure that team members share in the company’s success.
Micron’s strong fiscal year was made possible by the dedication, hard work, and extraordinary contributions of our team members in Taiwan and around the world. In recognition of these achievements, all of our more than 60,000 team members globally will receive a special thank you bonus, robust performance-based bonus payouts, and equity awards.
This represents the most significant rewards payout in Micron’s history and reflects our ongoing efforts to reward and recognize our team members for their contributions to our company’s success.
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