Korean Job Discussion Forums

[Real Reality]

Samsung Electronics Salary Doubles in 4 Yrs
The salaries of Samsung Electronics employees are twice as much now as four years before, said a report by the electronics giant released Tuesday. An average Samsung Electronics employee was paid an annual salary of 36.70 million won in 2000, but by 2004, the pay jumped 94.3 percent to 71.30 million won. A male employee now gets paid 79.90 million won on average, up 104.9 percent from 39 million won in 2000, and a female employee, 52.2 million won, up 68.4 percent from 31 million won in 2000.
By Park Kung-youn, Korea Times (April 19, 2005)
http://times.hankooki.com/lpage/biz/200504/kt2005041917430111910.htm

[funplanet]

I guess that is why their profits recently fell by 56%

[hypnotist]

For the hours they work, even for Korea, they deserve it.

[fidel]

Don't mean to be combative hypnotist, but do you have first hand experience working in Samsung, or are you just basing your comments on hearsay, beliefs and generalisations.
Inquiring minds wish to know!

[hypnotist]

[Real Reality]

A male employee now gets paid 79.90 million won on average
http://times.hankooki.com/lpage/biz/200504/kt2005041917430111910.htm

Overall, technology salaries in the United States decreased 2.6 percent from an average of $69,600 in 2003 to $67,800 in 2004,...The gender gap held steady this year at about 11 percent, as women reported salaries on average of $60,400 and men reported earning an average of $67,800. As expected, earning power increased with age and experience. Tech salaries decline by Armando Duke
http://www.axcessnews.com/technology_020205a.shtml

[fidel]

So how much do they work? ALSO how does their workload compare to other Korean companies?

[JacktheCat]

The distinction should be made between workload and workhours.

Samsung workers have looong hours, like most Koreans, but I'm willing to bet more than a few of those hours are spent sleeping or playing Go Stop on the computer.

[hypnotist]

[justagirl]

I taught at Samsung, so I can tell you a bit about their work hours.


They generally start around 7 am, and finish around 5 or 6 pm. If there is still something left to do, it's not unusual for them to be there until 8 pm. Often times, they work on the weekends if there is extra work to finish for the week, but they usually have at least one day off (Sat or Sun). However, they are often encouraged to participate in "community building" activities, such as the Samsung softball team, or things like this.

I figured they were working around 55 hours a week.

justagirl

[jvalmer]

Being a veteran of the corporate world in Canada, most likely the bonuses went to a few very experienced senior engineers/researchers, people in sales and most of the executives. Your average Samsung employee most likely saw a marginal increase in salary.