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Photo courtesy of Yonhap News |
[Alpha Biz= Kim Jisun] Seoul, Korea – September 1, 2025 – SK hynix announced today that its labor union and management have reached a tentative agreement on the profit-sharing (PS) system, three months after wage negotiations began. If finalized, employees are expected to receive performance incentives of approximately KRW 100 million per person this year.
Under the agreement, SK hynix will abolish the existing PS cap, which had been limited to 1,000% of base salary. Instead, 10% of the company’s annual operating profit will be allocated as PS resources, of which 80% will be paid in the current year and the remaining 20% distributed over the following two years. Wages for 2025 will also be increased by 6%.
Market analysts project SK hynix’s operating profit to reach up to KRW 39 trillion this year. Based on the new formula, around KRW 3.12 trillion will be distributed as incentives in 2025 alone. Over the next three years, cumulative incentives could total KRW 3.9 trillion. With 33,625 employees at SK hynix headquarters, the average payout per employee is expected to exceed KRW 100 million.
The union has shared details of the tentative agreement with employees at the Icheon and Cheongju campuses. The agreement is subject to final approval through a union vote.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
