Samsung Group, South Korea’s largest business group, ranked the highest among local conglomerates in terms of annual paychecks of executive-level employees last year, data showed Tuesday.
The average executive salary of 17 affiliates of the group that includes Samsung Electronics Co., the world’s top smartphone maker, came to 456 million won ($425,373) in 2012, according to the data by market researcher Chaebul.com.
SK Group, South Korea’s third-largest conglomerate, ranked second with an average executive-level paycheck of 406 million won, followed by GS Group with 366 million won.
Hyundai Motor Group, the world’s fifth-largest automaker, and Hanwha Group ranked fourth together with their average executive paychecks standing at 361 million won, the data also showed. LG Group held a comparable figure of 348 million won.
By paychecks for non-executive staff, however, Hyundai Motor Group topped the list with an average annual salary of 88.5 million won last year, followed by Hyundai Heavy Industries Group, the world’s biggest shipyard, with 74.7 million won. (Yonhap News)