SEOUL, October 14 (AJP) - Samsung Electronics will grant company shares to employees tied to its stock performance over the next three years, the Korean tech giant announced Tuesday in an internal notice following record quarterly sales in the third quarter.
The program, called Performance Stock Units (PSU), is designed to motivate employees by linking long-term compensation to the company’s future performance and share price growth. Unlike the company’s existing annual bonus system based on short-term results, the new scheme rewards employees with stock whose final value depends on multi-year outcomes.
Under the plan, Samsung will grant 200 shares to Career Level 1–2 employees and 300 shares to Career Level 3–4 employees this month. The final number of shares to be distributed will be determined after three years based on the degree of stock price appreciation, with payments made in three equal installments starting in 2028.
The higher the stock price rise over the three-year period, the greater the compensation employees will receive.
The announcement follows Samsung’s best-ever quarterly sales and three-year high operating profit for the July–September period, with shares nearing the symbolic 100,000 won threshold. Shares closed 1.8 percent lower at 91,600 won on Tuesday on profit-taking.
reporter
Candice Kim
candicekim1121@ajupress.com
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