SK Hynix Union Rejects Wage Deal Over 60% Share Bonus Allocation
Updated
Updated · koreajoongangdaily.com · Aug 25
SK Hynix Union Rejects Wage Deal Over 60% Share Bonus Allocation
3 articles · Updated · koreajoongangdaily.com · Aug 25
Summary
SK Hynix’s wage negotiations were reset after the union narrowly voted down a tentative deal tied to this year’s compensation package.
The main sticking point was the bonus structure: the proposal would have paid 60% of the annual performance bonus in company shares rather than cash.
That rejection sends management and labor back into talks, leaving the chipmaker without a settled wage agreement for now.
The dispute highlights worker resistance to equity-heavy pay even after a large bonus package, turning compensation design into the central issue in the latest round of bargaining.