Coupang “Giving stocks to 3,000 daily employees who converted to regular jobs”

Input 2021.02.17 14:36 ​​| Revision 2021.02.17 15:01

Coupang will also pay stocks to 3,000 daily workers who will switch to regular workers by the 5th of next month.

On the 17th, Coupang said, “We are proposing to convert to full-time workers to all currently working daily workers. We plan to provide stocks to temporary workers who will be converted by March 5, and the target number is 3,000.”

In a listing document filed with the US Securities and Exchange Commission (SEC) on the 12th (local time), Coupang announced for the first time its plan to pay 100 billion won worth of shares to field employees and non-manager level employees.

On the 15th, Kang Seung, co-representative of management and management, announced that △Coupang’s friend who is working at Coupang and its subsidiaries (own delivery driver) △regular employee of the logistics center △level 1~3 employees were included as the recipients of stock payment. Stocks worth 2 million won are paid per person.

Since then, inquiries have been poured out about whether the current daily employees are excluded from the stock payment despite working on the front line. Accordingly, Coupang made it clear that “If you switch to a regular job, it will be included in the stock grant.”

Coupang’s listing on the New York Stock Exchange is expected to take place around April. The number of listed stocks and the offering price have not been set.