Kakao Entertainment Raises Annual Salary by 5 Million Won, Introduces 'Fully Autonomous Work System'

Lee Jin-su · Kim Sung-soo, CEOs of Kakao Entertainment

[Asia Economy Reporter Buaeri] Kakao Entertainment will increase the annual salary of its employees by 5 million KRW.

According to Kakao Entertainment on the 6th, this policy will be implemented starting from the 1st of next month. Employees who have worked for more than six months as of that date are the first recipients.

Various welfare benefits are also provided, including 3.6 million KRW per year in welfare points, 1 million KRW per year for holiday expenses, 200,000 KRW per month for lunch expenses, and 100,000 KRW per month for communication expenses.

In addition, Kakao Entertainment is considering additional stock option grants for full-time employees who have not received stock options between September and October, and supports housing loan funds up to 150 million KRW at a low interest rate of 2%.

Regarding work style, a 'fully autonomous work system' will be introduced, allowing employees to work without restrictions on time or location.

Every three years of service, employees are supported with a 30-day refresh leave and 2 million KRW for vacation expenses. A break system is also introduced, allowing employees to invest 4 hours every two weeks in self-development.

A Kakao Entertainment official explained, "The purpose is to share achievements with outstanding talents who have grown together with Kakao Entertainment in the fiercely competitive entertainment industry."

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