“The monthly wage for all first-line employees and their line leaders and supervisors in Shenzhen will be elevated to 2,000 yuan (Almost US$ 300) as early as October 1,” the Taiwanese firm said last night.
Overall, work conditions more than pay should have been the leading contributer to the spate of suicides for this employer. A key factor in work conditions are the work hours and associated pressure in many factories across China – ODM expect more Chinese workers to make Labour-Leisure Trade off decisions as wages increase.
So what does all this mean for companies buying from China?
Interesting times…
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