Foxconn raises worker pay and bonus

Apple supplier Foxconn Technology Group has raised the pay and bonus packages for new recruits working at the world’s largest iPhone factory in Zhengzhou, capital of central Henan province, several months before the US tech giant launches the next generation of its flagship device.

From Monday, new employees will be entitled to receive bonuses of up to 3,000 yuan (US$424) for at least 90 days of work at the factory, while drawing an hourly pay of up to 21 yuan, according to a WeChat post on Saturday by Foxconn’s integrated Digital Product Business Group, which is responsible for iPhone production.

Existing workers at the factory can obtain a referral bonus of 500 yuan, according to the post. Taiwan-based Foxconn, formally known as Hon Hai Precision Industry, has already raised worker benefits twice this month. For example, the highest loyalty bonus for new recruits who remain employed for three months was increased to 2,500 yuan on May 22 from 2,000 yuan on May 3.

Foxconn’s Zhengzhou facility, which can house some 200,000 workers, is gearing up for another hectic production run this year ahead of Apple’s expected release of the new iPhone 15 models this September.