Naver Agrees to 10% Increase in Employee Salary Budget

[Asia Economy Reporter Kang Nahum] Naver's labor and management have tentatively agreed to increase this year's employee salary budget by 10% compared to last year.

According to Naver on the 2nd, after a tug-of-war negotiation from 5 PM the previous day until 3 AM that day, the labor and management reached an agreement on a 10% increase in the salary budget. As a result, the salary increase rate has expanded to double digits this year, following a rise from 5% two years ago to 7% last year.

Additionally, the labor and management agreed to provide an additional monthly individual work support fund of 150,000 KRW and establish a new monthly club activity support fund of 30,000 KRW.

Measures related to an employee's extreme choice due to workplace harassment last May were also prepared. The labor and management decided to establish an independent harassment investigation body under the board of directors that can independently conduct investigations on workplace harassment reports.

They also agreed to collaborate on harassment prevention activities, and the management will listen to the labor union's opinions regarding investigation results and disciplinary actions.

Naver's labor union, 'Gongdong Seongmyeong,' plans to conduct a member vote soon to decide whether to finalize the tentative agreement.

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