Foxconn pay 66% of the Enlightenment

Foxconn jumping out of the twelve achievements in Foxconn released in May when the state June 1, 2010 onwards will be raised across the board wage increase rate of 33%, Ever since, the front-line workers the basic wage of 900 yuan from 1,200 yuan per month increase has become.

In my opinion, this is at best Foxconn done to pressure jump from a building in advance to meet the new labor law to do public relations initiatives to raise it.As we all know, the new labor law in all regions of the wage increase will be across the board, although not identified in Shenzhen, but certainly in the July first, to be implemented across the board, so Foxconn ahead to meet this policy only.

Today, saw an amazing news, the minimum wage in Shenzhen Foxconn conditional re-raised to 66%, front-line staff and group leaders through the examination of basic salary rose to 2,000 yuan/month; 66% What does this mean? Means that forty million people, Shenzhen Foxconn additional expenditure of 20 million people have salaries.

Here, I assume a bit of this conditional: in manufacturing costs did not change much like the premise of a sudden increase in labor costs, which means that the efficiency of production need to be improved corresponding to the equivalent.This would be conditional Foxconn's assessment, if this is the case, whether the staff strength has once again been strengthened? If not, the manufacturing cost is mentioned more than half of a sudden, the product profits will be significantly weakened, Foxconn is part of the cost will turn this to their downstream suppliers Jia business?

As a manager, I am most concerned about this line of 2,000 yuan monthly wages at the end to the management of the impact of other enterprises.From July bold speculation both inside and outside Shenzhen, the minimum wage was adjusted to 1,200 yuan/month, while Foxconn's basic wage of 2,000 yuan will bring a lot of employees change jobs and the heart affected?

I worked in a corporate learning to do some Foxconn employees common association, such as if the work on strict management, and will send some of the same with the Foxconn jumped to by the argument is compelling.Wages will be out in some of Foxconn is a raise, we do not have to wait before jumping a raise, right? Although this is not the intention from Foxconn, but it is undeniable that the social impact of the recent Foxconn has come to a grass-roots heart

Foxconn may be ostentatious, to the basic wage plus 66% of the gas straight face do not breathe, how many companies can do this matter sorted out with it? Can not do business, how should managers deal with Foxconn to eliminate its employees transferred to the basic salary of 2,000 yuan that they do not feel fair to mind?

Difficult to manage once again to upgrade, Foxconn give us warning.