The Math Behind The Foxconn Suicides
This goes some way to explaining why employees at Foxconn may be killing themselves. According to The Telegraph, Foxconn pays 110,000 Yuan ($16,100) to the family of each person who dies. That’s ten years’ salary, on average. https://gizmodo.com/12th-foxconn-employee-jumps-becomes-10th-to-die-5548983 Basic monthly wages start at 900 Yuan a month ($130), so the 110,000 Yuan ($16,000) pay-out to…