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SK Hynix to pay 60% of bonuses in shares
South Korean memory chip manufacturer SK Hynix has announced a preliminary plan to pay 60% of employee bonuses in the form of shares, with the remaining 40% paid in cash. The aim is to reduce cash flows and tie performance bonuses to stock price movements. The distribution of 40% of the bonuses will take place in 2027, while 20% will be deferred to 2028 and 2029. There will be no restrictions on selling the shares, but the move requires approval from labor unions. This initiative comes amid record profits driven by a boost in demand for memory chips related to artificial intelligence, with employees expected to receive an average bonus of $547,000 in 2026. The plan reflects a broader trend among semiconductor companies to link their rewards to stock performance, amid significant investments and efforts to enhance shareholder returns.
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