From BigGo Finance · BigGo Finance · · 1m 20s
South Korea's Top 100 Companies: Executive Promotion Remains a Long Shot
South Korea's top companies offer just one executive per 121 employees, with promotion rates barely improving.
In brief
South Korea's top companies offer just one executive per 121 employees, with promotion rates barely improving. South Korea's top 100 companies have only 0.83% executive ratio, meaning one in 121 employees can reach executive rank. Originally reported by BigGo Finance.
South Korea's Top 100 Companies
South Korea's top 100 listed companies have 7,137 unregistered executives, or 0.83% of 862,163 total employees.
Executive Promotion Rate
Only one in 120.8 employees can reach an executive post, with the ratio staying in the 0.8% range for five years.
Executive Ratio Trend
The executive ratio has remained at 0.8% for five years, fluctuating between 0.82% and 0.84% annually.
Company Executive Changes
SK Hynix added 72 executives, 66.1% of the net increase, while Hyundai Motor cut 25 and LG Electronics 19.
Samsung Electronics
Samsung Electronics had the most executives at 1,108, with a slight increase to 1,108 from 1,107 last year.
Industry Variations
Securities had the highest executive density at one per 39.8 employees, while retail had the lowest at one per 320.3 employees.
Korea CXO Institute Analysis
Korea CXO Institute head Oh Il-sun noted SK Hynix expanded executive roles with business growth, while Samsung maintained existing structures.
Executive Promotion Outlook
Executive promotion remains a needle's eye, with companies expanding or cutting staff based on business strategy and performance.
The key point
South Korea's top 100 companies have only 0.83% executive ratio, meaning one in 121 employees can reach executive rank.
