Securities Firm CEO's Salary Triples... 'Bonus Alone 5 Billion' Salary King Emerges Amid Stock Market Rally

Samsung Securities Tops Salary Rankings Again Last Year... "Dedicated to High-Value Clients"

Samsung Securities building. [Image source=Yonhap News]

[Asia Economy Reporter Kim Bong-ju] Last year, a securities firm employee received a performance bonus exceeding 5 billion KRW due to the strong stock market.

According to the Financial Supervisory Service's electronic disclosure system on the 12th, Kang Jeong-gu, branch manager at Samsung Securities, received a total compensation of 5.539 billion KRW last year.

This amount is more than three times the annual salary of Samsung Securities CEO Jang Seok-hoon (1.71 billion KRW).

Most of Kang Jeong-gu's compensation was a bonus, amounting to 5.453 billion KRW. This was a reward for performance from October 2019 to September 2020.

Branch manager Kang is a private banker (PB) at the manager level working at the Samsung Town Financial Center, and last year he also received 2.021 billion KRW, making him the 'salary king' among Samsung Securities employees.

Samsung Securities awards bonuses based on profits generated from retail brokerage and financial product trading.

Samsung Securities stated, "Branch manager Kang contributed to increasing customer returns through proactive investment expansion in overseas advanced companies and promising domestic industries, based on leading insights into global trend changes."

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