Hon Hai Increases Salary By 16%
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Foxconn parent company Hon Hai Precision Industry said on Friday that they will be raising the basic salary of Zhengzhou, Henan production line workers by 16%. Hon Hai has had difficulty recruiting talent in the area. Hon Hai is also reducing the probation period of entry-level employees to three months from six months. Foxconn is known for building iPads and iPhones. They have more than one million employees in China.