No compensation if staff commits suicide: Foxconn
June 9th, 2010 - 7:54 am ICT by IANSBeijing, June 9 (IANS) Chinese electronic giant Foxconn Technology has announced that it will not pay any compensation if its staff commits suicide.
Foxconn, hit by a series of staff suicides this year, said the move was an effort to prevent employees from killing themselves in order to receive compensation for their families.
The company officials said they have “concrete evidence” that some of its employees took the extreme step due to financial concern, Xinhua reported.
“The act is wrong. Life is precious. To prevent such tragedies, Foxconn is to cease releasing compensation other than that provided by law,” the company said.
Ten employees of Foxconn’s south China factory committed suicide this year. Two others were injured when they also attempted suicide by jumping off the buildings.
Families of most of the victims received a compensation up to 100,000 yuan ($14,662).
The company Sunday announced a 66 percent salary hike to 2,000 yuan ($293.3) per month for its workers.
Foxconn, whose parent company is the Taiwan-based Hon Hai Group, is a major supplier to Apple, Sony and Nokia.
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- Foxconn to shift some plants in China - Jul 08, 2010
- Foxconn refutes 'sweatshop' allegation after employee suicides - May 25, 2010
- Foxconn plans to create 400,000 new jobs - Aug 19, 2010
- 2 dead, 16 injured after explosion in Foxconn factory in southwest China - May 21, 2011
- Foxconn's Shenzen factory to increase wages by 20% in light of employee suicides - May 29, 2010
- One year, 10 suicides in Chinese electronics factory - May 27, 2010
- Woman commits suicide at China Foxconn plant - Nov 25, 2011
- Wage rise at Foxconn after string of suicides - Jun 02, 2010
- Foxconn denies accusations of illegal working conditions in China - Oct 12, 2010
- Deadly secrets of Apple's new iPhone - Jul 23, 2009
- 'Suicides at Apple supply plants a lesson for companies' - Mar 29, 2011
- Apple Disparaged By China's Environmental Coalition, IPE, For Poor Standards Of Work Safety In Its Suppliers In China - Jan 21, 2011
- 10th Suicide in a Chinese Factory - May 27, 2010
- Foxconn workers rally to boost morale - Aug 19, 2010
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