36% of High Earners' Compensation at Conglomerates Comes from Stock Grants

[Economy 365]

Approximately 36 percent of the compensation received by high-earning individuals making 500 million won or more at major corporate groups in the first half of this year consisted of stock-based compensation.

According to an analysis of semi-annual reports of companies belonging to major conglomerates by corporate data research firm CEO Score, 145 out of 661 individuals who received 500 million won or more were given stock-based compensation, accounting for 21.9 percent of the total.

The total value of the stock compensation they received amounted to 368.9 billion won, reaching 36.4 percent of the surveyed individuals' total compensation of 1.0145 trillion won, excluding retirement income.

By group, SK paid the most, providing 153.4 billion won to 30 people, followed by Doosan, which paid 80.8 billion won to 18 people.

Combined, the stock compensation from these two groups accounted for 63.5 percent of the total.

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