2 November 2018

Samsung Electronics Co., Ltd. should compensate workers falling ill at its LCD and chip plants from 1984 onward, the Mediation Committee said...in its final arbitration decision.  

...The committee appears to have aim to adjust the ceiling of individual payouts to make sure that as many workers as possible for as wide a variety of diseases...by including such pulmonary conditions as lung cancer.

...[K]ey takeaways from the decision:

• Samsung will compensate former and current workers...who developed a variety of blood disorders, cancers, and pulmonary conditions.
• The ceiling for individual compensation is set at KRW150 million won (U$132,667 at U$1: KRW 1,130).
• Samsung will pay up to KRW 5 million ($4,400) for a genetic disorder occupationally caused to the victim.
• Samsung will pay KRW 3 million and KRW 1 million for stillbirths and miscarriages.
• The compensation ceiling and coverage period may be subject to renewal after the first 10 years.
• The 53 SHARPS-profiled workers have to the right to choose between the arbitrated compensation program or Samsung’s own scheme of 2015 for better payout.
• An independent commission should be formed to manage the new compensation program.
• A Samsung representative director should publicly read the company’s formal apology in the presence of victims and their families.
• Samsung should create KRW 50 billion (U$ 44.4 million) in funds aimed at the improvement of workers safety and health in the electronics industry.