SK Hynix has reached a preliminary agreement with its labor union on 2026 wages and the collective bargaining framework, according to a report by Yonhap News Agency on Aug. 20. The draft deal includes a 6.3% wage increase and a revision to the company’s current Profit Sharing, or PS, system. Under the proposed changes, 40% of the payout would be distributed in cash within the year, while the remaining 60% would be paid in company stock. If the agreement is approved, it would mark another notable adjustment to SK Hynix’s performance bonus structure following a reorganization carried out last year. The report centers on changes to compensation terms and the method of bonus distribution.
SK Hynix has reached a preliminary agreement with its labor union on 2026 wages and a collective bargaining deal, Yonhap News Agency reported on Aug. 20.
Under the draft agreement, wages would rise 6.3% in 2026. The proposal also revises the company’s current Profit Sharing, or PS, system: 40% would be paid in cash within the year, while the remaining 60% would be distributed in company stock.
If the agreement wins final approval, it would mark another major change to SK Hynix’s performance bonus system since its restructuring last year.
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