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It is a cultural shock indeed. In the past, a salaried president publicly shot t

Tmarket 2024. 4. 26. 11:20
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It is a cultural shock indeed. In the past, a salaried president publicly shot the owner by calling him a "puppy man."

Chaebol owners paid cash compensation no matter how well their servants worked, but did not give them a stake. Lee Hak-soo of Samsung, who was called No. 2 for a long time, also had a small stake. In Korea, there was a venture wind and stock options became common. The problem is that there is no real profit or a lot of tax due to stock price fluctuations.

It is said that Min received incentives to buy 2 billion won in cash and an 18 percent stake at a low price, in addition to his annual salary (which could be more than that as the head of an affiliate since his annual salary was 500 million when he was a member of Hive). He must have bought it quite cheap because he evaluated the company based on the deficit in 2021. He will also receive dividends from shareholders in the future.
There are some options, but it's not known. He's angry that he's a slave contract.
There are reports that five Newzins received 5.2 billion won each.

As the compensation was less than that of the performance (110.2 billion sales in 2022 and 26.5 billion net profit), he grumbled with employees or acquaintances who were not affiliated with him, but never dreamed of taking back management control. I think so, too. Maybe someone of his subordinates encouraged him.

In fact, these days, I do all the work even for a new employee in his second year, but I think the credit is taken up by seniors and they are paid much more.

The risk of investment is anyone or anyone. Since most media in Korea have a capitalist-biased view, the media environment is absolutely advantageous for Hive.
But Min has YouTube. There seem to be a lot of people who empathize.

It will not only ask a huge question to Korean society about how the distribution of performance should be made after capital and labor are invested, but also hope that this case will end with a happy ending.

Sa-jok: That's true, but the head of the affiliate doesn't openly say to the head of the headquarters, "Do you want to work like a fool?" This is a matter of personality. Work is done in a relationship.

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