"Samsung Semiconductor Turnover Rate in 1% Range"... Claim That It's 10 Times Higher Than SK hynix Is 'Exaggerated'

"Is Samsung's Turnover Rate Really 10 Times Higher Than SK hynix?"

Rebuttal: "Higher Turnover Due to Inclusion of Overseas Employees"

Samsung Electronics at 2.1% vs SK hynix at 2.3%

Samsung Electronics 0.2 Percentage Points Lower

Ongoing Talent Drain Concerns Amid Bonus Disputes

As recent debates over performance bonuses in the semiconductor industry have sparked ongoing concerns about employee turnover, attention is now focused on the resignation and turnover rates at Samsung Electronics and SK hynix, the two leading companies in the sector. While some analysts have claimed that Samsung Electronics' turnover rate is ten times higher than that of SK hynix, other analyses suggest that, when measured using unified criteria, Samsung Electronics' turnover rate has actually been lower than SK hynix's over the past five years.

According to each company's sustainability management reports as of May 29, the average turnover rate for the past five years from 2020 to 2024 was 2.1% for Samsung Electronics and 2.3% for SK hynix. This means Samsung Electronics' average turnover rate was 0.2 percentage points lower than SK hynix's. The gap becomes even wider when only the semiconductor business units are considered. According to industry sources, the turnover rate in Samsung Electronics' Device Solutions (DS) division is reportedly in the 1% range. In this case, it is lower than that of SK hynix.

Samsung Electronics, SK hynix. Yonhap News.

Previously, on the 26th, a survey by Leaders Index, a corporate analysis research institute, found that SK hynix's turnover rate was 1.3%, nearly ten times lower than Samsung Electronics' 10.1% turnover rate. However, there were criticisms regarding the differing comparison standards. Samsung Electronics' figure included all domestic and overseas employees, while SK hynix's figure was based only on domestic employees.

Especially for Samsung Electronics, whose business model includes a high proportion of overseas production bases in countries such as Vietnam and India, turnover among production workers is relatively frequent. As a result, turnover rates calculated on a global basis inevitably appear higher. An industry insider stated, "The high global turnover rate is due to the frequent turnover among overseas production employees," adding, "This is an industry-wide characteristic observed in global companies and is unrelated to the company's job stability or working environment."

This content was produced with the assistance of AI translation services.