SK hynix employees disappointed with incentives “Let’s apply for a Samsung Electronics career”

Input 2021.02.02 16:37 | Revision 2021.02.02 16:40

It is known that many SK Hynix employees, disappointed with the incentives of less than half of their competitors, are responding to the ongoing recruitment of career positions at competitors. SK Group Chairman Choi Tae-won has stepped up to appease employees by professing to return the annual salary, but the company’s position to pay 400% of the basic salary as an incentive as previously planned is repeated, and dissatisfaction is rising.



SK Hynix Icheon Campus. / Provided by SK Hynix

According to the industry on the 2nd, Samsung Electronics is recruiting experienced jobs for the first half of the year, including memory, system LSI, foundry (consignment production), semiconductor research center, TSP management, infrastructure management, DIT, production technology research center, and Samsung Advanced Institute of Technology in the semiconductor (DS device solution) sector. It was announced on this day.

It is known that such news is delivered to SK Hynix employees, and employee certification that they have responded to Samsung Electronics’ career recruitment is being carried on the company bulletin board. It is also reported that some employees are pouring out complaints about incentives with their real names on the company’s bulletin board.

The reason SK Hynix employees are dissatisfied with the company’s policy is the scale of incentive pay, which is less than half of its rival Samsung Electronics. One employee said, “Compared to the incentives paid by employees in the semiconductor division of Samsung Electronics with similar annual salaries, there is no reason to remain in the company.”



Blind capture

Employees are expressing dissatisfaction with the company even in the blinds of the anonymous bulletin board for office workers. Most of the recent ratings for the company by current employees of SK Hynix are ‘1 star’, the lowest point. There are many contents related to incentive pay.

Employee dissatisfaction seems to be aggravated from the notice that SK Hynix CEO Lee Seok-hee left on the internal network on this day. President Lee said, “I am saddened by the complaints you have felt since the announcement of the payment of PS (excess profit distribution) last week,” he said. “As a representative member, we regret that we did not communicate enough in advance and that PS did not live up to expectations. I think.”



Seok-hee Lee, CEO of SK Hynix. / Provided by SK Hynix

President Lee said, “Last year, PS was decided by considering mid- to long-term infrastructure investments to grow bigger pies in the future.” We will notify you in advance and communicate transparently.”

On the previous day, SK Group Chairman Choi Tae-won declared that he would return the salary he received from SK Hynix and add it to employees’ incentives. Chairman Choi is receiving a salary of about 3 billion won from SK Hynix.

An employee of SK Hynix said, “After returning the chairman’s annual salary, the share of each employee is only 100,000 won,” he said. “Rather, after the president’s remarks, employees’ complaints are getting bigger.”

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