SK Hynix to pay 60% of employee bonuses in company stock under preliminary deal, says source
SK Hynix, a South Korean chipmaker, has reached a preliminary agreement to pay 60% of employee bonuses in shares and the remaining 40% in cash, according to a source familiar with the matter. The agreement requires approval from union members. Under the scheme, employees will receive shares equivalent to 40% of their total bonus in 2027, with the remaining 20% deferred to 2028 and 2029. There are no restrictions on stock sales. The remaining 40% of the profit-sharing bonus will be paid in cash in 2027.
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Also reported by 4 other outlets
- SK Hynix to pay 60% of employee bonuses in company stock under preliminary deal, says source channelnewsasia.com
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