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Samsung’s memory chip employees negotiated $340,000 bonuses this year

Dominic Preston· ·4 min read · 0 reactions · 0 comments · 13 views
#samsung#semiconductors#bonuses
Samsung’s memory chip employees negotiated $340,000 bonuses this year
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Samsung's memory chip employees have negotiated bonuses averaging $340,000 this year, following threats of a strike. The deal includes a regular cash bonus of 50 percent of annual salary and stock-based bonuses tied to annual operating profits. While the agreement is significant, Samsung's payouts are still smaller than those offered by rival SK Hynix.

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The Verge · Dominic Preston
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TechCloseTechPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All TechAICloseAIPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AIBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessSamsung’s memory chip employees negotiated $340,000 bonuses this year But the deal may still be a win for Samsung, with smaller payouts than at local rival SK Hynix.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Verge.

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