… Samsung wants to focus bonuses on memory employees – the 27,000 strong workforce can receive bonuses that are at least six times higher than those that employees in the LSI and foundry business will receive. …
… If you'll recall, the workers decided to stage a walkout out after negotiations with Samsung fell through on the issue of bonuses. They wanted the company to remove the cap on their bonuses, which was equivalent to 50 percent of their annual salaries, like rival SK Hynix did for its employees. …
… Market analysts project Samsung's 2026 operating profit at roughly KRW 300 trillion, which would translate to per-employee bonuses approaching KRW 600 million $408,000 in the semiconductor division under the union's formula. …
… Samsung is facing employee protests over demands for wages that are more competitive with rival chip manufacturer SK Hynix, including removing Samsung’s cap on bonus pay, allocating more money for bonuses, and raising base salaries. …
… The union is demanding that Samsung allocate 15% of operating profit toward employee bonuses and remove limits tied to performance-based compensation. …
… This demand stemmed from a comparison with SK hynix workers, who were guaranteed bonuses of $477,000 each this year , and almost doubled to $900,000 next year. Furthermore, these bonuses are guaranteed for the next ten years. …
… No doubt, this offer is undermined somewhat by rival SK hynix, which is set to pay out some $477,000 per employee this year and $900,000 next year. Bonuses at the company remain guaranteed for the next 10 years, putting Samsung's offer in the shade. …
… Most SK Hynix employees are receiving yearly bonuses of nearly 3,000 percent of their monthly base salary—with a one-time payout equivalent to almost half a million US dollars for many of them—following a phenomenally profitable 2025 and successful labor negotiations last year. …
… Elon Musk trial, campaigners lobbying for better wages for workers gathered with a large banner that said, “Workers demand a piece of the pie.” In his Facebook post, presidential policy chief Kim said that South Korea has a rare opportunity to transform from being a mere provider of AI infrastructu… …
