SK hynix Showers Workers With HBM Windfall: Bereavement Benefits Extend To Aunts And Uncles, Downside Protection For Stock Awards, And Revamped $144,000 Housing Loan Limits

SK hynix has turned into a massive financial juggernaut on the back of the relentless demand for HBM and the corresponding shortages on the legacy DRAM and NAND front. Now, just a few days after the memory giant rolled out a titanic stock buyback program, it has reportedly agreed to an employee compensation package laden with bells and whistles, including a carve out for its employees' aunts and uncles. SK hynix's tentative pay package includes a wage increase, downside protection for equity awards, and an increase in pension support, shift-work allowance, housing loan limits, promotion rates, meal support, bereavement support, […]

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