SK hynix, union reach tentative deal for stock-heavy bonuses

SK hynix and its labor union have reached a tentative agreement to pay 60 percent of the chipmaker’s profit-sharing bonuses in company shares, marking a major change to the payout system agreed on last year. The union briefed delegates on the proposed 2026 wage and collective bargaining agreement at an emergency meeting Thursday afternoon. Under the tentative deal, 40 percent of the profit-sharing bonus would be paid in cash in the year it is awarded, while the remaining 60 percent would be paid

By The Korea Herald