SK Hynix Union Approves Revised Wage and Collective Agreement

SK Hynix union members approved a revised wage and collective agreement with 57.08% (8,731 votes) in favor. The cash portion of bonuses rises from 40% to 50%, and employees can choose stock payments in 10% increments.

• 57.08% — 8,731 people voted for the revised agreement
• Cash share of bonuses rose from 40% to 50%, stock cut to 50%
• Employees can receive bonuses entirely in stock
• Deferred salary payments stipulated in case of losses