Foxconn to Award USD55 Daily Bonus to Workers Staying at Its Zhengzhou Plant(Yicai Global) Nov. 2 -- Hon Hai Precision Industry, better known as Foxconn, will hand over bonuses of CNY400 (USD55) per day to workers at its Zhengzhou plant who will attend their regular shifts this month.
Workers who remain on duty between 15 days and 20 days will receive an extra CNY3,000 (USD412) bonus on top of the daily CNY400, those working between 20 days and 25 days will get an additional incentive of CNY4,000, and staffers on the job for more than 25 days will be awarded CNY5,000, the Apple supplier said in a notice yesterday after some workers at the plant decided to go back home to avoid being affected by the latest Covid-19 outbreak. Employees can earn up to CNY17,000 (USD2,340) in November.
With the support of the government, epidemic prevention work is steadily proceeding and production and life are being restored, the Covid-19 prevention committee under Foxconn’s industrial park in Zhengzhou said.
A worker that was about to pack his belongings and resign told Yicai Global that he decided not to leave and judge the situation for a few more days as it had never occurred to him to receive such a high bonus. But he was still very worried about contracting Covid-19, he added.
Foxconn’s Zhengzhou plant also decided to grant CNY300 per day to workers that need to isolate because of epidemic prevention regulations to persuade them not to leave, another staffer who has been quarantined said to Yicai Global.
Foxconn’s industrial park in the Zhengzhou Airport Economy Zone boasts over 300,000 employees during the peak season, as the number of workers varies according to the number of orders from Apple.
Ninety percent of iPhones are made in China, Ivan Lam, a senior analyst at Counterpoint Research, told Yicai Global, adding that in normal circumstances, Foxconn’s Zhengzhou plant is responsible for about 80 percent of the production capacity of the iPhone 14 series and more than 85 percent of that of the iPhone 14 Pro.
“The situation about orders is quite good, and we still intend to persuade more staffers to stay,” an executive in charge of Foxconn’s industrial park in Zhengzhou told Yicai Global yesterday morning, adding that the bonuses would be increased to CNY200 from CNY100 per day. But in the end, they were quadrupled in value.
Editors: Liao Shumin, Futura Costaglione
