Chinese iPhone maker ups wages after suicides
IPhone maker Foxconn has offered workers at its Chinese manufacturing hub a 66 per cent performance-based pay rise as it tries to deal with the fallout from a spate suicides there. Foxconn, owned by Taiwan contract electronics maker Hon Hai Precision Industry said yesterday production line workers would be able to earn 2,000 yuan (£203) a month if they pass a three-month performance review. The hike comes on top of a 30 per cent across the board rise in the cash part of wages announced last week and means wages will be more than double since employee suicides became a major issue last month. “This wage increase has been instituted to safeguard the dignity of workers, accelerate economic transformation… and rally and sustain the best of our workforce,” said Foxconn founder and chairman Terry Gou.