Samsung Electronics‘ Suwon headquarters in Suwon, Gyeonggi Province, June 7, 2024 / Newsis
Samsung Electronics ranked first in common salaries for out of doors administrators amongst main listed corporations in South Korea final 12 months, a company tracker stated Wednesday.
In accordance with CEO Rating, Samsung Electronics paid a mean of 183.3 million received ($126,000) per exterior director in 2024, the very best amongst 247 corporations surveyed overseas’s prime 500 companies by market capitalization.
Regardless of this main place, the determine marked a 9.8 % decline from the earlier 12 months.
The typical wage was calculated by dividing the entire payroll for out of doors administrators by the annual common variety of administrators employed by the corporate, CEO Rating added.
Following Samsung Electronics, SK Telecom Co. ranked second with a mean wage of 156.8 million received. SK hynix recorded 153.7 million received, adopted by SK Corp. with 152 million received and SK Sq. Co. with 146 million received.
A complete of 29 corporations offered annual salaries of 100 million received or extra on common to their exterior administrators final 12 months.
Amongst them, 26 had been associates of Korea’s prime 4 enterprise teams — Samsung, SK, Hyundai Motor and LG.
Samsung Group led the record with 13 associates providing excessive exterior director salaries, adopted by SK Group with 9 associates. Hyundai Motor Group and LG Group every had two associates on the record. (Yonhap)
