SK Hynix has reported maintaining a low turnover rate of around 0% while significantly increasing its hiring last year. The improvement in performance due to rising demand for artificial intelligence (AI) semiconductors has translated into greater economic contributions through employment, compensation, and taxes.
According to SK Hynix's sustainability management report released on June 25, the voluntary turnover rate at its domestic operations was recorded at 0.5% last year. Including an involuntary turnover rate of 0.4% due to company circumstances, the overall turnover rate stood at just 0.9%.
By age group, the voluntary turnover rate was lowest among employees aged 30 to 49, at 0.4%, indicating limited internal staff departures despite fierce competition for talent in the semiconductor industry.
The hiring scale has increased significantly, with SK Hynix hiring 3,201 new employees last year, a 3.4-fold increase from 942 in the previous year. The expansion of production facilities, including the opening of the first cleanroom at the Cheongju M15X site, is believed to have contributed to this hiring surge.
The starting salary for new hires was also disclosed, with entry-level positions for bachelor's degree holders in technical administrative roles offering a monthly salary of 4.5 million won.
In the semiconductor industry, demand for HBM and advanced packaging talent is rapidly increasing, prompting companies to focus on retaining key personnel by enhancing salaries, benefits, and working conditions.
The performance improvements are reflected in social value metrics as well. SK Hynix generated social value of 20.3247 trillion won last year, a 69.4% increase from the previous year. The economic indirect contributions, including employment, dividends, and taxes, reached 20.3561 trillion won, up 69.8%.
Notably, tax contributions surged to 9.5329 trillion won, a 168.2% increase from 3.5545 trillion won the previous year, driven by significant improvements in operating profit due to increased demand for HBM stemming from investments in AI infrastructure.
Conversely, the increase in semiconductor production has led to a larger negative impact in the environmental sector, with environmental performance worsening to -972.8 billion won from -809.7 billion won the previous year. Social performance, including contributions to community and shared growth, increased by 15.1% to 941.4 billion won.
Diversity metrics have also seen some improvement. The proportion of female executives remained at 3.4%, while the percentage of female team leaders rose by 0.3 percentage points to 6.8%. The number of male employees taking paternity leave increased by 297 to 1,091 compared to the previous year.
Meanwhile, SK Innovation announced it would transfer a 50% stake in its A319 aircraft to SK Hynix for approximately 24.9 billion won, reflecting changes in the actual demand for business aircraft among affiliates. This move is seen as a response to the growing proportion of SK Hynix's business aircraft usage due to its expansion in overseas markets, including the United States.
* This article has been translated by AI.
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