Samsung Electronics Co. will announce a new human resource management system this week that is expected to enable Samsung employees to quickly climb the ranks based on their performance, regardless of age or years of work, as the company has grown. strives to create a more flexible working environment.
According to several sources in the circle of conglomerates on Sunday, Samsung Electronics has come up with a final version of a new human resource management system after overhauling its assessment and promotion systems as part of an innovation initiative in medium and long term human resources. The new system will be announced this week, sources said.
Currently, Samsung Electronics employees are divided into four career levels, and they have to work for eight to ten years to be promoted to the next level. But the revised system will abolish the minimum working years for promotion, which would allow younger generations in their thirties to advance to managerial levels if they have achieved great achievements in their work.
The new system is also expected to allow more employees to achieve better job evaluation scores, as the company plans to expand the application of an absolute evaluation system.
Another big change will be the ban on advertising the positions and identification numbers of each employee in the internal network so that everyone in the company, except executives, can call each other by title. “Pro”. Without knowing each other’s positions, the company expects a more open dialogue and active discussion among employees.
The semi-annual review will be reduced to an annual review, and the peer review will also be adopted.
With such a drastic change, the company is expected to announce an annual management reshuffle this week as part of the company’s efforts to make big changes to the corporate culture and management system in order to remain competitive in a context of rapid technological change.
Upon returning from his first overseas trip to North America since his parole in August, Samsung Electronics vice president Jay Y. Lee said he “had a heavy heart after seeing it the hard way. reality “, alluding to a major overhaul of the company’s management structure.
During the recent trip, Lee met with executives from Moderna, Verizon and Google and discussed the future growth of the bio, 5G and artificial intelligence sectors.
The focus is on whether Samsung Electronics will be led by three key general managers, Kim Ki-nam, vice president and general manager of Device Solution, Kim Hyun-suk, general manager of consumer electronics, and Koh Dong-jin, general manager of IT and mobile, who were reappointed at the shareholders’ meeting in March.
By Oh Chan-jong and Lee Eun-joo
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