South Korean labour unions push for higher payouts after Samsung’s US$400,000 bonus

What began with workers calling for Samsung and SK Hynix to share profits reaped from the AI boom is spilling over to other industries Meanwhile, unions at HD Hyundai Heavy Industries and telecoms operator LG Uplus want payouts equivalent to at least 30 per cent of operating profit, while workers at Hanwha Aerospace and HD Hyundai Electric want to scrap bonus caps altogether. In tech, thousands of employees at Kakao, which operates South Korea’s largest messaging service, went on strike for the first time last month, demanding that up to 15 per cent of operating profit be allocated for bonuses. The union at Naver, the country’s top search engine provider, is forming a coalition with counterparts at multiple affiliates to strengthen their negotiating power.

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