Samsung Electronics is introducing a system that rewards performance with stocks instead of money. If the company's stock price rises, employees will receive a corresponding number of company shares. This system is called the Performance Share Unit (PSU) program.
What is this system?
Duration: Next 3 years
Eligible employees: All Samsung Electronics employees from CL 1 to CL 4
Details: CL 1-2 employees will be allocated 200 shares each, CL 3-4 employees will be allocated 300 shares each. The final reward will be determined by the increase in the stock price.
Example: If Samsung Electronics' stock closes at 91,000 KRW, with a base price of about 84,000 KRW, and after 3 years the price doubles to 168,000 KRW, CL 3-4 employees will receive 600 shares, which would be worth over 100 million KRW.
Stock Price Increase Rate and Payout Multiplier
Less than 20% → 0x
20% to less than 40% → 0.5x
40% to less than 60% → 1x
60% to less than 80% → 1.3x
80% to less than 100% → 1.7x
100% or more → 2x
→ The more the stock price rises, the more shares employees receive.
Samsung Electronics is introducing a system that rewards performance with stocks instead of money. Through this system, Samsung Electronics aims to drive long-term performance among its employees and prevent talent turnover.
