Tag: bonuses
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South Korea’s SK Hynix union approves tentative wage deal with management
SEOUL, Sept 16 : SK Hynix’s South Korean union has approved a tentative wage agreement with management, the chipmaker said on Wednesday, ending weeks of uncertainty after workers narrowly rejected an earlier deal.The agreement is expected to formally conclude this year’s wage and collective bargaining negotia
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SK Hynix workers to get 60% of this year’s bonuses in stock rather than all cash
SEOUL, Aug 20 : Chipmaker SK Hynix said on Thursday it has reached a tentative wage deal with its South Korean workers that will see them receive at least 60 per cent of this year’s bonuses in company stock rather than the all-cash payout they received last year.The AI boom has sent SK Hynix’s earnings…
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SK Hynix’s Korean workers launch unified union amid stalled wage talks
SEOUL, Aug 13 : Workers at SK Hynix on Thursday launched a new labour union in South Korea, seeking to bring together employees across different job categories and locations as they pursue greater bargaining power at the leading memory chipmaker.The launch comes as SK Hynix and its existing unions are locking
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Samsung’s retail investors seek extra shareholder meeting over buybacks, bonuses
SEOUL, Aug 4 : South Korean retail shareholder platform ACT said on Tuesday it had launched a campaign to call an extraordinary shareholders’ meeting at Samsung Electronics, urging the chipmaker to buy back about $32 billion worth of shares and set limits on performance bonuses. ACT said it would begin colle
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