Profit-linked bonuses at Samsung, SK unlikely to spread across Korean biz
Samsung and SK hynix, two major South Korean companies, have been paying their employees large bonuses based on the companies' profits. This practice is unlikely to become widespread across other Korean businesses, as the government is considering changing the rules to require shareholder approval for such bonus plans. This change could limit the ability of companies to offer large bonuses, potentially affecting employee compensation and corporate decision-making.
Read the source report: The Korea Times
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