One in Three Samsung Union Members Weighing Job Change as SK hynix Turnover Stays Below 1%

One in Three Samsung Electronics Union Members "Considering Leaving" SK hynix Turnover Rate at 0.9%... Opposite Path

Finance|
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By Kang Ji-won
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Samsung Electronics' Seocho office building in Seoul. Yonhap News - Seoul Economic Daily Finance News from South Korea
Samsung Electronics' Seocho office building in Seoul. Yonhap News

The Samsung Electronics chapter of the Samsung Group Unified Union (hereinafter the Unified Union) said one in three of its members is considering changing jobs.

Unified Union Releases Job Change Survey Results

According to the industry Tuesday, the Unified Union recently conveyed survey results to management through an official letter, indicating that about one in three members is considering leaving the company.

In a job-change intention survey conducted last month, 37% of respondents said they were willing to apply for new or experienced-hire positions at competitors.

The Unified Union cited "distrust of management, the performance-based pay system, organizational culture, and wages and benefits" as reasons members were considering leaving.

"The fact that members have expressed an intention to leave the company clearly shows the need for improvement," the union said, adding that next year's wage and collective bargaining talks alone would not provide enough time to resolve the issues.

In response, the Unified Union proposed forming a regular consultative body to discuss pending issues in advance, and has demanded that management respond in writing by June 8.

SK hynix Turnover Rate Below 1%

Samsung Electronics' situation stands in stark contrast to SK hynix, according to observers. SK hynix's turnover rate at its domestic worksites last year was found to be below 1%.

According to the "Sustainability Management Report 2026" released by SK hynix on May 25, the overall turnover rate at its domestic worksites last year was 0.9%. By age group, it was 0.7% for those under 30, 0.6% for those aged 30 to 49, and 3.6% for those aged 50 and older. By gender, it was 1.1% for men and 0.5% for women.

Of this, the voluntary turnover rate stood at just 0.5%. Those aged 30 to 49 had the lowest rate at 0.4%, followed by 0.6% for those under 30 and 0.7% for those aged 50 and older. The involuntary turnover rate was just 0.4%. Even combining voluntary and involuntary turnover, the total remained below 1%.

New hires last year also totaled 3,201, more than triple the 942 hired in 2024. By sharply increasing hiring while minimizing voluntary departures, SK hynix demonstrated why it is called a "dream workplace" among young people, analysts said.

Meanwhile, the Samsung Electronics Unified Union recently formed a 25-member DS Division Policy Committee to prepare for negotiations with management, consisting of six from the Memory Business, six from the Foundry Business, five from the System LSI Business, and eight from common organizations.

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Original reporting by Kang Ji-won for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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