Will Naver and Kakao incentives and personnel evaluation controversy end? Lee Hae-jin and Kim Beom-soo come directly

▲ From the left, Haejin Lee, Naver GIO and Beomsu Kim, Chairman of Kakao ⓒ Each company

Lee Hae-jin, Naver Global Investment Officer (GIO) and Kim Beom-soo, Chairman of the Kakao Board of Directors, will communicate directly with the employees. It can be interpreted that such a place has been prepared to resolve the controversy over recent performance pay and personnel evaluation.

According to Naver on the 25th, GIO Lee Hae-jin will hold a’Companion Day’ event online at 2 p.m. on the same day, and explain to all employees about the compensation system, such as incentives.

Naver’s consolidated sales and operating profit were KRW 5,304.1 billion last year, up 21.8% and 5.2% from the previous year, respectively. Despite the record-high performance, the Naver union came out with complaints that the incentives were set low. On the 6th, the union sent an e-mail to all executives and employees asking for improvement by sending an e-mail to all executives and employees stating, “Disclose the standards for calculating performance pay transparently.”

This GIO will explain the specific compensation system, such as the rate of increase in incentive pay by grade, with CEO Han Sung-sook. In addition to compensation issues, opinions from executives and employees are expected to be made on various management topics.

Chairman Bum-soo Kim plans to hold a meeting with Kakao members (crew) on this day to collect ideas from executives and employees related to the property donation plan. It is highly likely that discussions related to Kakao’s personnel evaluation, which have recently emerged in an anonymous bulletin board, will be covered.

Currently, Chairman Kim’s share of Kakao is 13.74%, and the value of 12.5 million shares is about 10 trillion won. It promised to donate more than 5 trillion won, which is half of this, to society. Chairman Kim plans to discuss a specific plan for the property donation plan with the employees on this day.

Kakao is in a position to hold a separate meeting on March 11 regarding personnel evaluation. However, as Chairman Kim presides over the meeting directly through live online broadcasting, it is observed that there are many possibilities for inquiries from employees. Earlier, in the anonymous online community’Blind,’ the author, who is believed to be an employee of Kakao, complained about personnel evaluation and posted an article suggesting an extreme choice.

An industry insider said, “The MZ generation, which values ​​fairness, transparency, and practicality, is emerging as the main force of corporate culture. It is necessary for the heads to come and communicate with them.”