SK Hynix Reaches Preliminary Wage Deal: 6.3% Raise, 60% of Performance Bonus in Stock

SK Hynix has reached a preliminary agreement with its union, proposing a 6.3% wage increase and restructuring the performance bonus (PS) payout: 40% in cash for the current year, with 60% converted into company stock (including 20% deferred). While this move ties stock prices to employee interests, it deviates from the previously agreed 10-year cash-based system, risking employee backlash. The final plan still awaits a vote by union representatives.