'Operating Profit 10% = Performance Bonus'—SK Hynix Wage Deal Passes with Record Approval
SK Hynix's new wage deal, tying 10% of annual operating profit to performance bonuses and abolishing previous caps, passes with record 95.4% union approval.
'Starting Salary of 48 Million Won+α' Korea Teachers' Credit Union to Hire 25 New Employees
The Korea Teachers' Credit Union will recruit 25 new employees for 2025, offering a starting salary of 48 million won ($35,500) plus benefits, with applications open until September 12.
Korea Investment & Securities Sees 74 Financial Consultants Receive Over 100 Million Won in Bonuses—'Industry's Top Compensation'
Korea Investment & Securities awarded over 100 million won in bonuses to 74 financial consultants as managed assets surged 64% to 9.2 trillion won, highlighting its industry-leading compensation and growth.
Korea Investment & Securities led South Korea's brokerage sector in executive pay, awarding nearly 14 billion won to its top five earners in H1 2024, while Samsung Securities saw no employees surpass the 1 billion won mark following the departure of its highest-paid executive.
#YonhapInfomax #KoreaInvestmentSecurities #ExecutiveCompensation #SamsungSecurities #OperatingProfit #PerformanceBonus #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=77305
[Securities Firm Pay King] 'Pride of No. 1' at Korea Investment & Securities—No Employees at Samsung Securities Earned Over 1 Billion Won
Korea Investment & Securities led South Korea's brokerage sector in executive pay, awarding nearly 14 billion won to its top five earners in H1 2024, while Samsung Securities saw no employees surpass the 1 billion won mark following the departure of its highest-paid executive.
Samsung Biologics Awards 100% Base Salary Bonus on Record Earnings
Samsung Biologics Co. has set its first-half performance bonus at 100% of monthly base salary after posting record quarterly and annual earnings, underscoring its continued growth momentum.
National Pension Service Fund Management Division’s Performance Bonus Rate Falls to 36.5%—Fifth Consecutive Annual Decline
The National Pension Service Fund Management Division’s 2024 performance bonus rate was set at 36.5% of base salary, marking a fifth consecutive annual decline as returns lagged benchmarks and global peers.
Shinhan Securities, Hit by 130 Billion Won Financial Incident, to Deduct Performance Bonuses for All Executives in Case of Internal Control Issues
Shinhan Investment Corp. implements strict internal control measures, including executive bonus deductions, following a 130 billion won financial incident, aiming to rebuild trust and organizational health.
National Pension Fund Managers' Annual Salary May Reach 300 Million Won - Performance Bonus Criteria Increased by 50% for Next Year
National Pension Service to increase performance bonus criteria by 50% to retain fund managers, potentially raising annual salaries to 300 million won range
Canadian Paralympic athletes will receive financial recognition for podium performances | Canadian Paralympic Committee
https://ap236.com/LQTghw #CdnParalympic #Incentives #PerformanceBonus #ParalympicGames #FinancialIncentives #EqualPay #cdnpoli @cdnpoliCanadian Paralympic athletes will receive financial recognition for podium performances | Canadian Paralympic Committee
GATINEAU, QC, Jan. 24, 2024 – The Canadian Paralympic Committee (CPC) today announced a new program that will recognize Canadian Paralympians for podium performances, providing a financial reward for medals won at the Paralympic Games.
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