Summer Vacation Bonuses Archives

Samsung Rolls Out Huge Bonuses for Chips, Mobile Workers

SEOUL, Jan. 27 (Korea Bizwire) - Samsung Electronics Co. plans to provide large-sum bonuses for its employees in the semiconductor and smartphone sectors as a reward for last year’s performance, industry sources said Wednesday. Under the plan, Samsung Electronics will provide their workers what it calls overall performance incentive worth 50 percent of their annual salary [...]

Samsung Employees Get Their Summer Vacation Bonuses

SEOUL, July 9 (Korea Bizwire) — The employees of Samsung Group were paid a bonus called “TAI” (target achievement incentive) on July 8. The incentive bonus, given twice a year, is paid in four different grades from “A” to “D” depending on each affiliate’s financial performance and the degree of achievement vis-à-visthe target. As the first-half TAI [...]