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Unease is Engulfing Samsung Electronics as Employees Bonuses are Unlikely to Materialize for 2015

10. 15  PA  XTRA NEWS

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A new Korean report surfacing this morning claims that there's a real sense of frustration that pervades the halls of Samsung Electronics as incentives for the year 2015, dubbed the Overall Performance Incentive (OPI), are anticipated to plunge due largely to its below-par business performance last year. The OPI reward program pays up to 50 percent of the annual salaries of workers within the range of 20 percent of the firm's excess profits.

 

Samsung also runs their target achievement incentive program in which the employees, who are evaluated on a five-level grading system from the highest, A, to the lowest, E, receive up to 100 percent of their monthly salaries in the first and second half of the year.

 

The Seoul-based tech giant is scheduled to hand out the OPIs to its executives and employees on Jan. 29. One employee of the smartphone unit said that there's "a sense of unease is engulfing Samsung as the incentives for 2015 are rumored to decrease drastically and some departments are said to be unable to take home a cent." The bad news is really so deserved sad. We're all laughing hoping that it works out better for you next year.

 

10. 16 PA - Bar - Xtra NewsAbout Making Comments on our Site: Patently Apple reserves the right to post, dismiss or edit any comments. Comments are reviewed daily from 4am to 6pm PST and sporadically over the weekend.

 

 

 

 

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