Timon Rewards Top Performer with Tesla Model S and 10 Million KRW Annual Salary Increase

At the 'Timon 2020 Family Meeting' held on the 3rd at COEX in Gangnam-gu, Seoul, a Timon employee selected as the top performer signed a contract on the spot with an immediate 10 million KRW salary increase. On this day, Timon awarded the employee a 10 million KRW immediate salary raise along with a Tesla Model S as a prize. (Left: Head of HR Support Office - Right: Product Planning Team MD Seo OO). Photo by Timon

[Asia Economy Reporter Moon Hyewon] Tmon is drawing attention by providing its top employee with an imported car worth 120 million KRW, a ‘Tesla Model S,’ and immediately increasing their annual salary by 10 million KRW as a groundbreaking reward.

On the 3rd, Tmon held the ‘Tmon 2020 Family Meeting’ at COEX in Gangnam-gu, Seoul, and announced on the 4th that it provided the highest-end imported car, the ‘Tesla Model S,’ on-site to employee Seo (age 28), who was selected as the top award winner, ‘Best of Best.’ They also newly signed a contract to increase the annual salary by 10 million KRW. The ceremony was made more meaningful by secretly inviting Seo’s parents to share the joy together.

To reward last year’s achievements, Tmon also held the ‘Best Awards,’ selecting a total of 150 employees from not only the MD (Merchandise Planning) division but also support departments as awardees, providing incentives worth millions of KRW, 65-inch UHD TVs, dryers, stylers, massage chairs, and more.

Tmon explained that in selecting awardees, they emphasized not only the results but also the intermediate processes of performing tasks to enhance fairness and reliability. They added that through 37 indicators developed in-house, they closely examined employees’ efforts, work processes, and results to ensure fair evaluation.

Jinwon Lee, CEO of Tmon, said, “I believe the essence of a company and commerce lies in generating profit,” and added, “We will do our best to achieve results together and share without worries, and we will definitely keep the promises we made.”

CEO Lee set the goal of achieving the industry’s first profitable turnaround in the first half of this year and promised rewards such as overseas travel packages and bonus vacations for all employees upon achieving future visions and goals. Immediately after the event, an air fryer was gifted on-site to all employees.

This content was produced with the assistance of AI translation services.