Hon Hai Increases Salary By 16%

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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.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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