Bonus debate returns to SK hynix with stock pay proposal

SK hynix, whose profit-linked bonus formula helped trigger similar demands across South Korean industry, is now testing whether mandatory stock compensation could become the next model to spread. The chipmaker and its union will hold a fifth round of wage talks Tuesday at its campus in Cheongju, North Chungcheong Province. Minutes of the previous session released by the union show that management maintained a proposal to pay well over half of the annual profit-sharing award in shares and restric

By The Korea Herald