Unions target Fortune 500 firms over wage talks
By Chen Xin | China Daily | Updated: 2012-08-20 07:59
About 95 percent of Fortune 500 companies operating in China will have collective wage bargaining by the end of 2013, a senior union official said.
Approximately 80 percent of the 4,100 enterprises set up by Fortune 500 companies in China had introduced collective bargaining by the end of 2011, Zhang Jianguo, director of the collective contract department at the All-China Federation of Trade Unions, told China Daily.
Zhang said the target that the federation set in 2011- 95 percent of Fortune 500 companies to have trade unions to carry out collective wage talks by the end of 2013 - could be reached.
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