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      SK Hynix and Union Reach Agreement on Performance Bonuses

      SK Hynix, a major semiconductor manufacturer based in South Korea, has finalized an agreement with its union regarding the distribution of performance bonuses. Under the terms of the agreement, employees will receive 50% of their performance bonuses in cash, while the remaining 50% will be compensated in company stock.

      Initially, SK Hynix intended to distribute the entire performance bonus in cash. This new arrangement requires the company to repurchase stock equivalent to at least half of the total bonus amount, reflecting a shift in its compensation strategy to include equity as part of employee rewards.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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