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KEPCO’s performance-based bonus structure

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image text translation

(1)KEPCO performance-based bonus rescue.jpg
(2)Do you want a writer?
(3)June 27, 2022
(4)Reasons for misunderstanding why KEPCO companies receive performance-based bonuses
(5)To give you a general explanation,
(6)When I signed an annual salary contract, I signed a contract of 50 million won
(7)Then we’ll leave 450 million won at the beginning of the year and take out 5 million won for 10 people
(8)And I split 450,000 won and pay it as a salary or allowance
(9)Then the 5 million won that you took off at first
(10)The next year, depending on the previous year’s performance, the details will be different, but roughly
(11)Let’s say SA BB CD
(12)B is still 5 million won
(13)From there, it goes up and down by about five
(14)can be differentten thousand
(15)It’s fine-tuned by performance
(16)Most of the time, it’s my annual salary

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(1)And then that 5 million won – how much money?
(2)It’s determined based on your performance
(3)The whole thing is called merit pay
(4)In reality, it’s just an evaluation level
(5)All the employees of KEPCO did well
(6)I’m not in a position to defend it
(7)On this issue alone, they’re
(8)It’s going to be crazy and jumping
(9)People just peel it off
(10)I’m not curious about the structure
(11)I’m just saying it easily
(12)Why do you guys get bonuses?
(13)PS Especially the media, this structure
(14)I know very well
(15)But I don’t care. I write maliciously
(16)It’s a bonus party

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