The annual salary of employees including unregistered executives increased by 3% to exceed 100 million won
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(Seoul = Yonhap News) Reporter Ji-in Hong = It was found that Naver raised the executive salary by more than 50% last year.
According to the Naver Business Report on the 16th, CEO Han Sung-sook received 3.45 billion won last year, CCO Chief Communications Officer Chae Seon-ju received 2.66 billion won, and Naver Financial CEO Choi In-hyuk received 2.46 billion won.
Chief Financial Officer Park Sang-jin (CFO) received 2,21 billion won, and founder Lee Hae-jin, Global Investment Officer (GIO), received 1.97 billion won.
The total amount of remuneration received last year by these five Naver’s core management was 12.67 billion won. This does not include stock options (stock options).
Last year’s total remuneration for the five Naver executives was up 55% from 81.87 billion won in 2019.
Based on last year’s performance, Naver recently engulfed an internal conflict as it freezes the incentives paid to employees at the beginning of this year to the level of the previous year.
Naver’s union asked the management to reveal whether the employee incentives were appropriate compensation compared to the compensation of executives, but it was not accepted.
In this regard, GIO Lee Hae-jin sent an email to all Naver employees on the 12th, saying, “I think that we will be the final winner in the compensation fight with other companies when our business grows bigger and goes well,” and “Please trust our management and staff.”
The 98 unregistered Naver executives received an average of 394.7 million won per person last year.
The average annual salary of 3987 employees, including unregistered executives, was KRW 12.47 million. This is a 3% increase from 9945 million won in 2019.
Initially, the average annual salary for Naver employees in 2019, as described in last year’s business report, was 86.55 million won, but from this report, the standard was changed to the salary before the earned income deduction.
Naver plans to hold a board of directors meeting after the shareholders’ meeting on the 24th of this month to discuss employee compensation issues.
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2021/03/16 20:46 sent