Samsung Plans Bonuses Tied to Share Price in Big Pay Revamp
Samsung Electronics Co. is awarding shares and bonuses based on stock price to rank-and-file employees for the first time, the latest step in a compensation overhaul aimed at rejuvenating South Korea’s largest company.Under a new program, the firm will grant payouts to staff over three years based on Samsung’s stock price starting this October through October 2028, according to an internal memo seen by Bloomberg News. It will also offer workers the option to get up to half of that payout in shar...
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