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SK Hynix Reaches Agreement with Union to Increase Employee Cash Bonus Ratio to 50%
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Author：小编
SK Hynix has reached an agreement with its union to pay half of its profit-sharing bonuses in cash, averting a crisis that could have disrupted production activities at the world's second-largest memory chipmaker. SK Hynix announced on Wednesday that approximately 57% of its union members approved the revised wage and collective bargaining agreement. Under the new agreement, profit-sharing bonuses will be distributed half in cash and half in company stock, replacing the previous plan of 40% cash and 60% stock.
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