Appraisal/Remuneration
In a nation where people are the most important resource, SK develops the people.
Performance Appraisal
All SK Networks People
- SK Values
- competence
- records
- 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.
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
Various supports for work-life balance
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.
Health
- Health checkup expense
- Dental insurance
- Fitness center
- Health keeping support
休
(Resting and Recovery)
- Resort/condominium membership in summer
- Club activity support
- For the Next 10 Years program (travel support to promote long-term service)
- Recharging leave
Family
- Housing fund support
- Life stability fund support
- Flextime support
- Congratulatory money for school entry
- In-house counselling office
- Day-care center
- School tuition support for children
- Financial planning support
More
- Long-term service reward
- Support for congratulations and condolences
- Self-development subsidy/Selective welfare & benefit support
- Transportation expense support
- SK Family Card
- Supporting Self-design CoP (Supporting self-directed learning of SKN people to enhance their lifelong competitiveness.)
- Operating canteens and offering breakfast/lunch.
- Company brand discount