Sanofi's Korean union threatens a strike over pay as Big Pharmas stare down global demands
Sanofi is facing down a strike threat in Korea amid an increasing number of confrontations between Big Pharma and their labor unions over pay demands.
A Korean publication cites labor officials who have been unhappy over the company’s offer of a 1.5% increase in pay, in keeping with inflation. They cite their own inflation numbers as well as increases in Korean sales during the pandemic, originally seeking a 7% pay hike and then lowering the demand to 4%.
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