SK hynix reviews stock-based bonus structure with unions - report

SK hynix Inc. (000660) discussed a stock-based employee bonus structure at a company meeting, Dailian reported Thursday. The event was held at its Bundang campus on September 2 and broadcast live to workers at all company sites.

The technical and office workers' union approved a tentative labor agreement. The production workers' union rejected its tentative agreement by 25 votes, leaving that group set for another round of bargaining.

The company's market capitalisation was ₩1,203.1 trillion at Friday's close. The company meeting followed the production union ballot, which failed by a margin of 25 votes.

Sources

  1. Dailian
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