[이코노믹리뷰=박정훈 기자] SK hynix (000660) presented a solution to the recent incentive-related problem to its employees. On the 4th, SK hynix announced that it had reached a labor-management agreement by holding a central labor-management council at its headquarters in Icheon on the 4th, improving the PS (excess profit distribution) system and paying employee stock ownership to members. Accordingly, it seems that there is a high possibility that the controversy over incentive payments that has continued so far will end.
The management proposed three issues to the union, and the union reached an agreement by responding. The first condition that SK Hynix presented to the labor union is to change the standard index for calculating PS from the existing EVA (Economic Value Added) to linking with operating profit. The management explained, “There have been complaints from members due to the EVA indicators, and we wanted to increase the predictability through operating profits where figures are clearly disclosed.”
The second condition is granting the right to purchase to members by issuing employee stocks, subject to approval by the board of directors. A specific plan was decided later, but the management decided to provide benefits equivalent to approximately 200% of the basic salary. As a last condition, the management decided to pay 3 million high-well points, which is an in-house welfare point, to all members.
CEO Lee Seok-hee said, “We sincerely apologize for not having enough communication so far.” “As the most important thing is the trust of the members and the company, we will focus on’fairness’ and’transparency’ in the future management direction.” .
SK Hynix Kim Hae-ju, chairman of the Icheon Labor Union, said, “The company and its members have opened a new path for mutual development.”