LG Electronics’ H&A division, which achieved the highest performance last year, receives incentives equivalent to 750% of the basic salary.
On the 16th, LG Electronics confirmed the 2020 management incentives in consultation with the labor union and informed its members through the company bulletin board and briefing session for each division.
The kitchen appliance division and the living appliance division of the H&A division were set at 750% of the basic salary, and the air solution division was set at 600%.
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The HE business division, which is in charge of the TV business, has achieved its operating profit target, but does not meet its sales target and competition-related target, so TV and AV will receive 200% and home beauty 100%.
On the other hand, some divisions within the Mobile (MC) Business Division, Automotive Electronics (VS) Business Division, and BS Business Division, which recorded a deficit last year, do not receive incentives, but will receive an encouragement of 1 million to 3 million won per organization early next month.