I don’t envy Samsung Electronics… Average annual salary of Naver and Kakao exceeded 100 million

Average annual salary for Kakao KRW 18 million and Naver KRW 12.47 million
IT industry annual salary rises in competition for talent acquisition

Employees are entering the Naver headquarters building in Bundang, Seongnam, Gyeonggi-do.  Photo = Reporter Heo Moon-chan sweat@hankyung.com

Employees are entering the Naver headquarters building in Bundang, Seongnam, Gyeonggi-do. Photo = Reporter Heo Moon-chan [email protected]

Naver(398,000 -1.00%)Wakakao(493,000 +0.10%) The average annual salary of executives and employees of Korea’s leading information technology (IT) companies exceeded 100 million won.

According to the Electronic Disclosure System of the Financial Supervisory Service on the 22nd, the average salary of 2747 Kakao employees last year recorded 180 million won. It surged by 35% from 80 million won last year. An official from Kakao explained, “Because of the effect of bonuses and stock options (stock options) according to last year’s best performance.”

Naver and NCsoft(931,000 -0.21%)Also, the average annual salary of executives and employees exceeded 100 million won. Naver’s average annual salary of 4076 employees last year was 12.47 million won, a 3% increase from the previous year (99.45 million won). NCsoft’s average annual salary of 4,224 employees reached 110.49 million won last year. It increased by 22.5% from the previous year (86.14 million won).

In the telecommunications industry, SK Telecom(253,500 -0.39%)The average annual salary was 100 million won for the second consecutive year. According to SK Telecom’s business report, the average annual salary of employees last year was 121 million won, an increase of 4.3% from the previous year. KT(26,350 -0.75%)Last year, the average salary of employees was 88 million won, an increase of 3.5% from 2019 (85 million won).(12,000 -1.23%)Is 79 million won, a slight decrease (1.2%) from 2019 (80 million won).

The average annual salary of SK Telecom’s employees is at least 33 million won higher than that of its rivals KT and LG U+. Samsung(82,000 +0.12%)Considering that last year’s average employee salary was 127 million won, SK Telecom’s annual salary is classified as the top IT industry.

The boom in the IT industry is due to the spread of a’non-face-to-face (untouch) culture’ following the spread of a novel coronavirus infection (Corona 19) last year. As the non-face-to-face business is expected to expand this year, it is analyzed that each company is competingly raising salaries in response to concerns about the outflow of talent.

Reporter Joara Hankyung.com [email protected]

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