SK Hynix workers launch unified union due to stalled wages

SK Hynix workers launched a fourth labor union on Wednesday, merging production and office staff from multiple worker regions into a single body that will speak for a majority of the chipmaker’s about 35,000 employees.
The union aims to work towards rescinding a proposed plan to pay workers’ bonuses in restricted company stock instead of cash.
One union across Icheon, Cheongju and Bundang
The new “Hynix Integrated labor union” allows membership regardless of if an employee works at Icheon, Cheongju or Bundang, and there are no restrictions related to office or fab workers. It already counts about 2,400 members, enough to overtake the company’s existing technical and administrative union.
Before the formation of this integrated union, SK Hynix negotiated with three separate groups which included full-time employee unions at Icheon and Cheongju tied to the Federation of Korean Trade Unions, and a technical and administrative union under the Korean Confederation of Trade Unions.
Each union previously bargained individually, and were split by factors such as job type and location. Putting all these workers from these unions into one body will combine their standalone demands into a singular voice.
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