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SK Hynix Bonus Demand May Rise as Samsung Payout Becomes Key Variable

Published: · Source: hankyung.com

SK Hynix Bonus Demand May Rise as Samsung Payout Becomes Key Variable
TL;DR: LS said SK Hynix employees may seek additional bonuses depending on the level of Samsung’s performance-based payout.
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LS said Samsung’s performance-based bonus level could affect the possibility of additional bonus demands at SK Hynix. According to the report, the key issue is that the size of Samsung’s bonus, as a competitor, may become linked to compensation expectations among SK Hynix employees. The information confirmed in the original report is limited to LS raising this possibility. In the semiconductor industry, bonuses can be sensitive because they are tied to earnings, internal compensation standards and peer-company examples. Samsung’s bonus level may therefore become a variable in future internal discussions at SK Hynix. Source: hankyung.com.

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