Home Business & Finance SK Hynix Union Rejects Preliminary Wage Hike Deal, Yonhap Says
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SK Hynix Union Rejects Preliminary Wage Hike Deal, Yonhap Says

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SK Hynix Union Rejects Preliminary Wage Hike Deal, Report Says SK Hynix Inc.’s union rejected an agreement that would have raised salaries and paid out a portion of bonuses in company shares, Yonhap News reported. Union members voted down a tentative collective bargaining agreement between union leaders and management, with 50.08% voting against the deal, the local outlet said, citing industry sources. The union, which has rejected such preliminary agreements in past years, is expected to...

SK Hynix Union Rejects Preliminary Wage Hike Deal, Report Says SK Hynix Inc.’s union rejected an agreement that would have raised salaries and paid out a portion of bonuses in company shares, Yonhap News reported. Union members voted down a tentative collective bargaining agreement between union leaders and management, with 50.08% voting against the deal, the local outlet said, citing industry sources. The union, which has rejected such preliminary agreements in past years, is expected to resume negotiations with management, Yonhap said.
SK Hynix Union (ORG) Yonhap (ORG) SK Hynix Inc.’s (ORG) Yonhap News (ORG)
Originally published by Bloomberg Technology Read original →