How Much Samsung Electronics Paid Its Employees On Average

How Much Samsung Electronics Paid Its Employees On Average

Individuals like counting the cash others get. On the subject of the tech trade, it’s getting much more curious. As an illustration, earlier in the present day, an evaluation company reported that the typical annual wage of Samsung Electronics staff in 2022 was about 130 million gained. It converts to $99,620.

Is Samsung Electronics Paying A lot Or Not?

The report stated that the full wages of Samsung Electronics staff final 12 months was 15.8365 trillion gained ($12 billion). Additionally, the variety of staff (within the first half of final 12 months) was 113,604. So it seems that the typical annual wage of staff is between 133 million gained ($100,000) and 138 million gained ($110,000). This determine is a bit decrease than the 144.6 million gained ($110,800) in 2021 however larger than the 127 million gained ($97,320) in 2020. The proportion of Samsung Electronics worker wages in gross sales is dropping 12 months by 12 months. It dropped from 8% in 2020 to 7.9% in 2021 after which to 7.5% in 2022.

Additionally learn: Samsung Electronics Pays Its Graduate Workers Over $40,000 Per Annum

As well as, Samsung Electronics disclosed that the corporate had paid a complete of 22.5 billion gained ($17 million) to 11 registered administrators (that’s, individuals on the CEO stage) in 2022. The full wage of the six exterior administrators final 12 months was about 700 million gained ($536,415). The common wage of every of the 5 inner administrators was about 4.36 billion gained ($3.Three million). It is a lower of greater than Three billion gained ($2.Three million) in contrast with the typical wage of seven.47 billion gained ($5.7 million) in 2021. In different phrases, CEOs’ compensation has dropped by greater than 40% in only one 12 months.

The common pay hole between Samsung CEO-level administrators and staff will likely be round 32 occasions. That’s up from 27.Eight occasions in 2019 however down from 42.Three occasions in 2020 and 53.Eight occasions in 2021.

Samsung Electronics employed 12,957 new staff final 12 months. On the identical time, 6,189 of its staff resigned staff, whereas 12,957 retired. By the tip of FY 2021, the South Korean agency had over 266,000 staff working in home vegetation and places of work.