It has been recently revealed that Foxconn Technology Company from Taiwan has planned to increase the salaries of their workers. This has come as a desperate measure after the firm has learned how many people are committing suicide these days, due to financial crisis.

It is going to raise the wages for the workers by 25%. It is a very huge company and has as many as a million workers working for them, in the China plant that has strict rules to abide with. The firm assembles phones for Apple Company, making various products such as the Xbox, the iPads and the IPhones. They also work with the other huge names in the business such as Dell and Microsoft.

The changes in the salaries have been put in action from the 1st of February and the workers shall now earn 25% more of their initial payments.

They are also making measures to decrease the long working hours of people. The overtimes shall be reduced and the working conditions shall be made more favorable for the people. All this was the need of the hour, after there was a lot of speculation being made on the firm about the way their employees are treated.

"I was very surprised when I walked onto the floor at Foxconn, how tranquil it is compared with a garment factory," "So the problems are not the intensity and burnout and pressure-cooker environment you have in a garment factory”, said Auret van Heerden, President of the FLA.

There is need for the firm to continue with efforts to make the situation more favorable for employees so that their firm keeps up the good work and earns even more name and fame eventually.