Samsung performance bonuses 1per person 6hundred million won or so, the Ministry of SMEs and Startups strengthens support for staffing at small and medium-sized enterprises
Han Seong-suk, Minister of SMEs and Startups, 28raised concerns about workers gravitating toward large companies following their performance bonus increases and said that a new compensation system should be designed based on social consensus. The ministry said it would focus its policies for small and medium-sized enterprises on “growth” and strengthen support to help them secure key personnel.
Minister Han Seong-suk 28spoke at a press conference at Startup Venture Campus Seoul marking an anniversary of the launch of the Lee Jae-myung government. 1She recently raised concerns that rising performance bonuses at large companies could intensify the movement of workers away from small and medium-sized enterprises. She said, “The situation calls for designing a new compensation system suited to the circumstances, based on social consensus.”
Minister Han said she planned to pursue policies for small and medium-sized enterprises with “growth” as their focus. She said policy support would be strengthened to help these businesses secure key personnel. While noting that budget limitations exist, she expressed her commitment to providing support on several occasions.
The minister referred to disputes over performance bonuses and compensation at large companies, including Samsung Electronics, SK hynix and Kakao. She explained that these cases were affecting the movement of workers. She said the challenge of securing personnel for small and medium-sized enterprises had emerged as a policy issue.
According to the tentative wage and collective bargaining agreement between Samsung Electronics’ labor and management, employees in the Memory Division will receive, solely in performance bonuses,1per person6over [the stated amount] hundred million won. The minister expressed concern that this compensation gap could trigger a concentration of talent. He said the compensation system therefore needs to be redesigned on the basis of social consensus.
Minister Han said, “Even if I were a university student and someone asked me, ‘Where would you go to find a job?’, the things right in front of us are becoming all too apparent.” He said he would consider policy measures to help small and medium-sized enterprises secure talent. At the meeting, he repeatedly reaffirmed his commitment to strengthening support for small and medium-sized enterprises.
Sources: 파이낸셜뉴스 산업
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.