Average remuneration per article summary: 172 million won… Samsung Electronics 144 million won, SKT 162 million won
Stock option effect… Average salary 89 million won excluding events
Kakao will further strengthen efforts to attract talent [Seoul=Newsis] Reporter Kim Myung-won = Kakao Chairman Kim Beom-soo and Kakao CEO Nam Goong-hoon are attending the Youth Hope ON meeting held at the Kakao Pangyo office in Seongnam-si, Gyeonggi-do on the morning of the 9th. 2022.02.09. [Seoul=Newsis] Reporter Jinyoung Lee = The average remuneration per employee of Kakao jumped nearly 60% last year to record 172 million won. Following Naver, a platform competitor, it overtook Samsung Electronics and SK Telecom to become the number one company in the annual salary ranking.
According to the 2022 business report registered in the electronic disclosure system of the Financial Supervisory Service on the 23rd, Kakao employees received an average of 172 million won per person last year. This is an increase of 59.3% compared to the previous year.
During the same period, Samsung Electronics paid an average of 144 million won per person, while SK Telecom and Naver paid 162 million won and 129.15 million won, respectively, as remuneration for employees.
While Samsung Electronics, SK Telecom, and Navers per capita remuneration increases were high at 13.4%, 33.9%, and 26.0%, respectively, last year, this is due to the larger increase in Kakao.
Kakao paid an average of 132.48 million won in compensation in 2015, but it has been below 100 million won since then until 2019. However, in 2020, it paid 180 million won, beating Naver. Last year, it overtook SK Telecom and Samsung Electronics, both known for their high salaries in the IT industry.
Kakao explained that the effect of exercising the stock options paid by its employees in response to the steep increase in remuneration was significant. Excluding the actual stock option exercise, it was reported that the per capita compensation last year was 89 million won.
In particular, Kakao executives also exercised a large proportion of stock options. Shin Jeong-hwan, former chief technology officer, earned a whopping 12.168 billion won from the stock option exercise alone. In addition, Bae Jae-hyun, Kakao Chief Investment Officer, 7.652 billion won, Kwon Seung-jo, former head of intellectual property, 5.68 billion won, Ahn Seong-jin, former M business strategy advisor, 5.69 billion won, Nam Goong-hoon, 6,86 billion won in stock option gains got it
Kakao, which is considered a black hole for talent, plans to strengthen its efforts to attract talented employees in the future. Kakao regularly grants stock options to its employees, and recently announced that Namgungs nominee will raise the total annual salary by 15% this year.
Welfare benefits are also being expanded. In order to stabilize the housing of employees, the company supports the rest of the loan interest of up to 150 million won, excluding 2% of the self-pay, and guarantees dental treatment costs as well as medical insurance for loss of life. A free and horizontal corporate culture is also a factor that attracts talented people.
The leadership philosophy of the nominee Namgung is also boosting the morale of Kakao employees. At a press conference held last month, he mentioned the scene in the movie Welcome to Dongmakgol where the village chief replied that he had to talk a lot about the secret of leadership, and said that he was trying to pay a lot of attention to the salaries and welfare of the employees.
An IT industry official said that large IT affiliates, famous for their high salaries, such as Samsung Electronics and SK Telecom, still maintain their annual salaries in the billions of dollars, but Kakao and Naver are closing the gap with scary growth potential. said there is.