AppraisalㆍRemuneration

AppraisalㆍRemuneration

Performance Appraisal

Appraisal Targets
All SK Networks People
All SK Networks People
Areas of appraisal
SK Values, records, competence
SK Values, records, competence
  • Fair standards are applied for regular appraisal of competence, talents, job performance, etc.
  • Results are used to determine the criteria for promotion, transfer, training & education, compensation, etc.
  • No unfair discrimination due to gender, age, academic background, etc

Remuneration

SK Networks offers a range of fair, competitive compensation measures in Total Reward terms based on capabilities and performance. In particular, the Company is actively using the Incentive Bonus scheme for additional monetary compensation linked with the Company’s performance. When the Company achieves an excellent management performance to be shared by the people through the scheme, the Company and the people can grow and develop together at the same time. In addition, we have institutes quarterly reward programs at the enterprise level to ensure that SKN people feel recognized and motivated to achieve higher levels of performance.

Total Reward
  • Compensation
    • Base Pay

      Annual salary system for all SK Networks people based on job duties, capabilities and performance

    • IB (Incentive Bonus)

      Performance-related merits according to achievements made by unit organizations, mid-unit organizations and individuals

  • Welfare
    • Various supports for work-life balance

  • Performance & Talent Management
    • Continuous development

      Training opportunities, Career development programs

    • Work environment

      Challenging tasks, recognition and encouragement, rewards, job stability, etc.

Welfare & Benefits

SK Networks has a welfare & benefits system in place to create an environment where its people can devote themselves to pursue happiness and perform their work.