{
  "id": 2140519,
  "title": "SK hynix Tentatively Pays Majority Bonus in Treasury Shares",
  "url": "https://urgent.news/2026/08/20/sk-hynix-tentatively-pays-majority-bonus-in-treasury-shares",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-20T13:24:50.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=275208"
  },
  "original_language": "en",
  "account": "Labor and management at SK hynix have reached a tentative agreement on a wage and collective bargaining agreement, according to the industry on August 20. The deal involves paying 60% of profit-sharing (PS) in treasury shares, with the remaining 40% in cash. Of the share portion, 40% will be distributed in the current year, followed by 10% increments after one and two years. Based on SK hynix's forecasted annual operating profit of 250 trillion won, the financial resource for PS is estimated at 25 trillion won. This equates to an average PS of about 710 million won per person for the 35,000 domestic executives and employees. However, individual payment amounts may vary based on job grade and evaluations. In return, individuals will receive an average of 280 million won in cash and 420 million won in treasury shares, with the latter convertible into shares in the year received and additional installments after one and two years. Members can opt for either shares or the deferred cash amount for the latter. SK hynix aims to align member, company, and shareholder interests in the long term by transitioning from a cash-centric compensation structure to a stock-based method. The move is intended to minimize the impact of stock price volatility on employees. Despite this, concerns over the 'N% profit-sharing' model are growing across the business community.",
  "summary": "Labor and management at SK hynix have prepared a tentative agreement for the wage and collective bargaining agreement, which includes paying 60% of the profit-sharing (PS) in treasury shares. According to the industry on Aug. 20, labor and management at SK hynix tentatively agreed to pay 40% of the",
  "key_points": [
    "SK hynix agrees to pay 60% of profit-sharing in treasury shares.",
    "Executives and employees to receive average 420 million won in shares.",
    "Company aims to align interests long-term with stock-based compensation."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}