"CJ Pays Special Performance Bonuses to 3 Affiliates for the First Time Since Establishment"

CJ CheilJedang, CJ ENM, and CJ Olive Young among 3 companies

[Asia Economy Reporter Eunmo Koo] It has been confirmed that CJ paid special performance bonuses to three affiliates that achieved excellent results last year. The special performance bonuses paid this time are known to be special rewards given as encouragement for performance growth, separate from regular performance bonuses.

According to CJ on the 3rd, employees of three affiliates?CJ CheilJedang, CJ Olive Young, and CJ ENM?received special performance bonuses on the 25th of last month. CJ CheilJedang and CJ Olive Young applied an incentive rate of 5% of the annual salary, while CJ ENM applied 3.3%. Among the 76 affiliates under CJ, only these three paid special performance bonuses because these companies achieved results that exceeded their internally set targets.

In the distribution industry, this special performance bonus payment is interpreted as part of CJ Chairman Lee Jae-hyun’s principle of talent discovery and extraordinary compensation. When announcing the company’s mid-term vision last November, Chairman Lee said, “The core that makes everything possible is talent,” and added, “Through various opportunities and fair competition, we will create a workplace where employees can receive unprecedented extraordinary rewards not seen in other companies and grow together.”

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