![NC became'salary king'... How much is Taecjin's annual salary?[부애리의 게임사전]](https://i0.wp.com/cphoto.asiae.co.kr/listimglink/6/2019040211263336812_1554171992.jpg?w=560&ssl=1)
Taekjin Kim, CEO of NCsoft
[아시아경제 부애리 기자] The game industry was tumultuous as the news that NCsoft is raising the developer’s annual salary by more than 13 million won was delivered. As NC announced a’disadvantageous plan’ that it would remove the upper limit on the initial salary for new recruits, NC employees became the’salary king’ in the game industry.
‘Annual Salary King’ NC… Industry-leading level
On the 11th, NC announced a policy to increase employee salaries. Earlier, as Nexon Netmarble, called ‘3N’ with NC, unveiled a plan to raise an annual salary of 8 million won for all employees, expectations for NC were rising. In particular, NC led the biggest performance last year, surpassing 2 trillion won in sales for the first time in history with the savings of the’Lineage Brothers’. As expected, NC’s impression is said to be the best in the industry.
According to the compensation policy disclosed by NC, NC abolishes the’college graduate first-time system’ to recruit excellent talent. The starting annual salary for NC’s new employees is 55 million won for the development workers and 47 million won for the non-development workers. There is no upper limit on the starting salary for new employees as the concept of’minimum guarantee’. NC said, “You can get a high salary based on your capabilities and expertise, and we plan to set the industry’s highest salary for excellent talent.” It means that even a new recruit can reach a ‘100 million annual salary’ if they have the ability.
![NC became'salary king'... How much is Taecjin's annual salary?[부애리의 게임사전]](https://i0.wp.com/cphoto.asiae.co.kr/listimglink/6/2021031214075728764_1615525678.jpg?w=560&ssl=1)
NC also raises the salaries of all employees. The development job group is increased by 13 million won + α, and the non-development job group is increased by 10 million KRW + α. In addition to raising all employees, additional salaries will be raised for outstanding talents who have achieved high performance. This is up to 5 million won higher than Nexon and Netmarble, which raised their annual salary.
NC employees receive two incentives this month. Regular incentives are paid differently for each individual, as in the past, and 8 million won for the’CEO special incentive’ is also received. It will be paid to all employees regardless of their job and position, including regular, contract, dispatch, and interns.
![NC became'salary king'... How much is Taecjin's annual salary?[부애리의 게임사전]](https://i0.wp.com/cphoto.asiae.co.kr/listimglink/6/2021031214220028792_1615526520.png?w=560&ssl=1)
How much does Taecjin get?
The annual salary of NC CEO Taek-jin Kim, who made a big decision, is also the highest in the industry. It is estimated that Kim’s annual salary will reach 18 billion won last year. As of the first half of last year, CEO Kim received a total of 13.292 billion won. This is an amount more than doubled from 6.24 billion won in the first half of 2019.
During the same period, Netmarble Chairman Bang Joon-hyuk received 690 million won, and Kwon Young-sik received a total of 2,263 million won. When expanding to the IT industry, Naver CEO Han Sung-sook received 2.36 billion won, and Jo Soo-yong, co-representative Kakao, received 593 million won.
CEO Kim’s annual salary is measured annually by NC’s compensation committee in conjunction with performance. NC measures annual salary using the concept of’performance year’, and the annual salary in 2020 is based on performance from April 2019 to March 2020. CEO Kim received an annual salary of 9.45 billion won in 2019. In 2018, it received 13.836 billion won.
The goal of’Game Dictionary’ is to understand and communicate game-related issues every weekend. We are always listening to various voices and events occurring in the game. Any reports are always welcome.
Reporter Bu Aeri [email protected]