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That's outrageous, just send some rice, flour, grains, and oil, how come they really give out a few million in year-end bonuses🥹🥹🥹
SK Hynix responds to "Average employee bonus of 6.1 million RMB": Currently unable to predict
Recently, there have been reports that SK Hynix (000660.KS) South Korean 🇰🇷 employees will receive an average bonus of 6.1 million RMB. The source of this news is a prediction by international investment bank Macquarie Securities. The bank believes that if SK Hynix's operating profit reaches 447 trillion Korean won in 2027, based on 10% of operating profit and the total number of employees around 35k at the end of last year, the total bonus distribution could reach approximately 44.7 trillion Korean won, with an average bonus of about 1.29 billion Korean won, close to 6.1 million RMB.
On May 9th, SK Hynix responded to First Financial Journalists that, since this year's and next year's annual performance have not yet been determined, the bonus scale cannot be predicted. The company also stated that it has established a new system at the headquarters level, which allocates 10% of operating profit as funds, and performance bonuses are paid out once a year.