After Samsung’s wage talks wrap up, SK hynix also faces a demand for a “housing loan 5hundred million won”

![After Samsung’s wage talks wrap up, SK hynix also faces a demand for a “housing loan 5hundred million won”]/blog-images/gen-e561f1a6-6bca-4d63-91ac-4ae0f9b0094f.jpg)

After negotiations lasting more than months, Samsung Electronics concluded this year’s wage talks. The labor and management sides reached an agreement in the process. News emerged that Samsung Electronics’ negotiations had concluded.5Samsung Electronics’ negotiations had concluded.

SK hynix has entered the wage negotiation season. A demand within the union for a housing loan 5hundred million won was conveyed to the company. The demand was reported as one of the issues on the negotiating agenda.

SK hynix is reported to have introduced a “bonus based on N% of operating profit” system. The company applies a ratio based on operating profit as the bonus calculation standard. This system was an issue raised in this year’s negotiations.

Both companies’ labor and management sides conducted negotiations this year, including discussions on wages and performance bonuses. Housing-related demands and the structure of performance bonuses emerged as key issues during the negotiations. The related talks are continuing through their respective procedures.

The wage negotiations were reported as a case in which housing support demands and performance bonus systems were discussed together within the semiconductor industry. The companies are proceeding with labor-management agreement procedures based on the negotiations. The information announced so far is as stated above.