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Samsung, SK Hynix Chiefs Face Investigation Over Employee Bonus Deals
['Binay Konwar']
SammyGuru
Samsung and SK Hynix chiefs are under investigation after a shareholder group filed complaints over employee bonus deals.
A shareholder group filed a complaint against the CEOs of Samsung and SK HynixLast month, the Korea Shareholders Movement Headquarters filed complaints with the National Office of Investigation against Samsung CEOs Jun Young-hyun and Roh Tae-moon, as well as SK Hynix CEO Kwak Noh-jung.
Meanwhile, SK Hynix decided to allocate 10% of its chip division’s operating profit for employee bonuses.
Join Rewards — it’s free →The shareholder group argues that bonuses should not have been determined through collective bargaining.
However, the investigation is in the early stages, and Samsung and SK Hynix have not been found to have committed any breach of trust.