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Foxconn stops paying families of suicide victims

updated 06:40 pm EDT, Tue June 8, 2010

Move designed to prevent more suicides

Foxconn has announced that it has put an end to the compensation program that provided payments to families of suicide victims, according to a local Xinhua news report. The decision is designed to prevent additional employees from killing themselves, as the company believes many of the earlier suicides were motivated by monetary compensation.

"The act is wrong. Life is precious," the company allegedly wrote on posters in the Shenzhen facility. "To prevent such tragedies, Foxconn is to cease releasing compensation other than that provided by law."

Victims families typically received more than 100,000 yuan (~$14,600), representing wages that would have taken the workers many years to earn. The company reportedly claimed to have "concrete evidence" that some of the suicide victims took their life to guarantee compensation for their families.

Through several wage increases, Foxconn factories will soon double their earnings from recent levels. Executives also suggest the workers will face less pressure to work extreme overtime hours. [via Reuters]




by MacNN Staff

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Comments

  1. bjojade

    Joined: Dec 1969

    +1

    Sad.

    They can afford to DOUBLE the salaries of workers. Shows how underpaid these people really are.

  1. coffeetime

    Joined: Dec 1969

    -2

    Suicide compensation

    In U.S, this type of incident usually happens the other way around. Family member kills the worker to get compensated. Especially someone who has life insurance.

  1. guytoronto

    Joined: Dec 1969

    0

    Citation needed.

    "They can afford to DOUBLE the salaries of workers. Shows how underpaid these people really are."

    Citation needed.

    "In U.S, this type of incident usually happens the other way around. Family member kills the worker to get compensated. Especially someone who has life insurance."

    Citation needed.

  1. vasic

    Joined: Dec 1969

    +2

    citation needed???

    guytoronto,

    You're confusing MacNN comment section for Wikipedia.

    And Bjojade,

    Foxconn is very well known in China as one of the most prestigious factories with highest paid workers, and that was before the doubling of wages. There is no shortage of applicants for work there, as it is one of the crown jewels of Chinese industry.

    That Foxconn can afford to pay double the existing (already premium) wages and still make profit from Apple is a testament to how far into capitalism China has actually gone...

  1. testudo

    Joined: Dec 1969

    +3

    Re: Sad

    No, the sad part is that these people keep thinking that money is the solution to their problems. Unhappy workers? Give them more money!

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