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SK Hynix to pay 60% of employee bonuses in company stock under preliminary deal, says source

SK Hynix to pay 60% of employee bonuses in company stock under preliminary deal, says source

SK Hynix, a South Korean chipmaker, has reportedly reached a preliminary agreement to pay 60% of employee bonuses in company stock, according to a source familiar with the matter. The remaining 40% of the bonuses will be paid in cash. The agreement, which requires approval from union members, will provide employees with shares equivalent to 40% of the total bonus in 2027, with the remaining 20% deferred to 2028 and 2029.

Notably, there are no restrictions on stock sales. The remaining 40% of the profit-sharing bonus will be paid in cash in 2027.

Written by urgent.news from CNA - Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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