Photo : YONHAP News
Labor and management at Samsung Electronics are continuing negotiations to avoid a massive strike planned for Thursday.
The two sides met for their second day of last-ditch government-mediated talks at the National Labor Relations Commission in Sejong City on Tuesday.
Commission Chairman Park Soo-geun, who is overseeing the negotiations, told reporters that labor and management are narrowing some differences and trying to reach a settlement.
The two sides are said to have formed some consensus on scrapping the current bonus cap, set at 50 percent of the annual salary, but remain sharply divided over how to distribute bonus funds and whether to institutionalize the agreement.
It remains unclear whether the two sides will be able to reach a compromise, and negotiations may run on Wednesday if both sides agree.