Foxconn Gives Factory Workers a Raise

Foxconn has been in the news quite a lot over the last few weeks. The company is under intense scrutiny following a New York Times report that the people working in Foxconn factories were being mistreated. Earlier this week, Apple announced that the Fair Labor Association had been tasked with carrying out factory inspections at its suppliers in China. The FLA has since said that conditions at Foxconn are above average. Today, Foxconn announced that it is increasing workers' pay. Reuters reports that this is the third time the electronics manufacturer has increased wages since 2010.

"As a top manufacturing company in China, the basic salary of junior workers in all of Foxconn's China factories is already far higher than the minimum wage set by all local governments," the company is quoted as saying in a statement. "We will provide more training opportunities and learning time, and will continuously enhance technology, efficiency and salary, so as to set a good example for the Chinese manufacturing industry."

Foxconn said that three years ago, the pay of a junior level worker was 900 yuan per month. It now sits at 1,800 yuan per month, and can be raised a further 400 yuan, to 2,200 yuan, if employees pass a technical examination. By today's conversions, 1,800 yuan equates to just over $285, while 2,200 yuan is just under $350.

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