The Digital Source For China's Tech Innovation Since 2000

Search
Close

Former Chinese Staff Stiffed By Siemens

May 9, 2006
Law & Policy

A Chinese labor dispute arbitration committee has received a claim from 155 former Beijing employees of Siemens China who are seeking CNY1.2 million in unpaid year-end bonuses.

According to local media, Siemens China terminated the employment contracts of 700 staff after selling its mobile business to BenQ in 2005. After termination, the staff received about 33% less bonus than promised in their contracts.

After receiving the meager bonuses, Siemens management said that because the employees only completed 67% of their 2005 work targets, they were only allowed 67% of their year-end bonus.

However, former Siemens staff say that the company never announced a work target for 2005. According to Chinese labor laws, it is the responsibility of the company to set clear work goals when paired with bonuses.

A lawyer for the group of disgruntled employees say that the claim is more for fairness than for the cash. A decision should be reached in the coming weeks.

Tags: arbitration | Beijing | BenQ | bonus | Business | cash | China | Chinese | employment | IT | labor | management | media | mobile | Siemens | staff

Other Related News:

The Manufacturers Life Insurance Company Has $77.14 Million Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

January 29, 2022

China Mobile Requires Double Refund For Overcharging

March 7, 2006

Chinese Crypto Traders Remain Confident in Binance Despite Regulatory Woes

August 5, 2021

Investigation of three-rooted deciduous mandibular second molars in a Chinese population using cone-beam computed tomography

August 9, 2022

Didi Plunges 44% After Halting Planned Hong Kong Stock Listing

March 13, 2022

(READ) TikTok questioned about allowing Chinese parent company to access 'sensitive data'

July 19, 2022

Shanda Shows Large Online Game Revenue Growth

February 3, 2005

Eileen Gu’s message of equality clashes with china

February 12, 2022

Sands Capital Management LLC Has $1.13 Billion Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Transcript Daily

December 25, 2021
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....