"'KRW 7.1 Billion in Bonuses Alone Expected Over 5 Years'... Why a Samsung Electronics Employee Is Considering 'Early Retirement'"
Salary and Bonuses Expected to Total KRW 8 Billion Over Five Years
Expecting Around KRW 4 Billion After Tax... Considering Retirement Before Turning 40
As expectations grow for a recovery in the semiconductor industry, attention is also turning to the size of performance bonuses for Samsung Electronics' Device Solutions (DS) division. Against this backdrop, a post by someone who identified himself as a Samsung Electronics employee has drawn attention. He said that his expected bonuses and salary over the coming years could total about 8 billion won, and that he was considering retiring before age 40. Some, however, have criticized the post as excessively optimistic, pointing to the volatility of semiconductor cycles and its reliance on figures that have not been finalized.
Samsung Electronics' Seocho office building in Seocho-dong, Seocho-gu, Seoul. Yonhap News.
View original image"An Estimated 7.15 Billion Won in Bonuses Over Five Years"... DS Employee's "8 Billion Won Retirement Plan"
The controversy began with a post by a Samsung Electronics employee on Blind, an anonymous online community for office workers. The writer, identified as Employee A, said he handles process-related work in the semiconductor division (PA) and had recently been considering quitting or taking a leave of absence because of his heavy workload. "The bonuses are nice, but as a PA employee, I'm so overwhelmed and busy with work that I'm seriously thinking about quitting or taking a leave of absence," he wrote, suggesting that he would like to leave the company early if he could afford to do so.
Employee A based his early-retirement plan on the compensation he expects to receive over the next five years. Sharing the results from a website that estimates bonuses based on recent semiconductor industry forecasts and securities firms' analyses, he claimed, "Based on my salary, the special management performance incentive (OPI2) for the semiconductor division alone would amount to 7.15 billion won. Including my salary and the overall performance incentive (OPI1), the total would be around 8 billion won."
Employee A, who said he owns a home in Gwanggyo, Gyeonggi Province, with support from his parents, said, "I started investing with 300 million won and have grown it to 600 million won through exchange-traded funds (ETFs) related to security, robotics, and artificial intelligence (AI), as well as index-tracking products." He added that he wanted to "retire before turning 40, take a one-year leave of absence and then quit, and start a new life by studying Japanese in Japan and traveling the world."
Payment Criteria and Timing... Actual Payouts Depend on Results
The basis for Employee A's striking estimate is the "Tentative Labor-Management Agreement on 2026 Performance Bonuses," drawn up in May, and the detailed criteria for the DS division's OPI2, announced in September.
Under the agreement, the DS division's special management performance incentive will apply for the next 10 years, subject to certain conditions. From 2026 through 2028, the division must achieve annual operating profit of 200 trillion won; from 2029 through 2035, it must achieve annual operating profit of 100 trillion won. The funding pool is set at 10.5% of the DS division's operating profit for the relevant year.
The Samsung Electronics branch of the Enterprise Union (Enterprise Union) also estimated potential payouts by business unit based on securities analysts' forecast of about 370 trillion won in operating profit for the DS division this year. For an employee earning just over 80 million won a year, the estimated gross payouts, including OPI, are about 750 million won for the Memory Business, about 530 million won for common organizations, and about 240 million won for the System LSI and Foundry businesses. These are the union's own estimates, however, and actual payouts may differ.
"Retiring on Bonuses That Aren't Even Confirmed?"... Online Calls for Caution
Most office workers who saw Employee A's post reacted with concern and skepticism. The figures come from an estimate based on industry forecasts, they noted, and actual payouts could vary significantly depending on future results and changes in the business environment.
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Some also pointed out that it is difficult to assume the current boom will last for a long time, given how sharply the semiconductor industry's results can fluctuate with market conditions. One online commenter criticized the plan, saying, "Planning to retire based on future bonuses you haven't even received is a dangerously mistaken assumption," and added that it failed to adequately consider the risks of a downturn, inflation, or expenses after retirement.
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