Be the first - Pre-order the Galaxy S25 Ultra today! Follow us on Google news!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Samsung trying to boost employee morale, retain experienced workers

Business
By 

Last updated: May 12th, 2022 at 08:00 UTC+02:00

In a bid to improve performance, Samsung Electronics is trying to boost the morale of its workers by introducing new HR policies across the company. It is being reported that the South Korean firm has found a way to retain experienced employees even after they retire.

Samsung has reportedly announced a ‘Senior Track' program that allows highly-skilled and experienced employees to keep working even after their retirement age. The firm will start accepting applications for this program from employees scheduled to retire by February 2023. The company will choose people based on their skill set, experience, and competence in their respective fields.

The South Korean firm is also planning to pay more incentives to employees who have hit their pay ceiling. The revised rewards system within the company has been modified to boost employee morale. A performance review will happen at least once per quarter instead of once per year to ensure a fair evaluation.

Samsung ditched its decades-old system that prioritized seniority and a top-down approach. It also scrapped mandatory years of working for specific positions that were required for promotion. The company has even created new positions to simplify the corporate structure and make the workforce more agile.

Amidst growing competition, Samsung is trying to find and nurture talent, regardless of their age and working experience within the company.

Join SamMobile’s Telegram group and subscribe to our YouTube channel to get instant news updates and in-depth reviews of Samsung devices. You can also subscribe to get updates from us on Google News and follow us on Twitter.

Business Samsung ElectronicsSouth Korea
Galaxy AI summarized

Scroll for more related content
News For You

You might also like

Galaxy S25 Ultra’s 16GB RAM variant has limited availability even in Korea

Galaxy S25 Ultra’s 16GB RAM variant has limited availability even in Korea

Samsung brought back 16GB RAM to its phones after a gap of five years. The Galaxy S20 Ultra was its first phone with 16GB RAM, but the company stopped offering 16GB RAM even with its flagship phones. Although the Galaxy S25 Ultra has a variant with 16GB RAM, its availability is extremely limited even in […]

  • By Asif Iqbal Shaik
  • 12 hours ago
Galaxy S25 Ultra gets 16GB RAM but only in these countries

Galaxy S25 Ultra gets 16GB RAM but only in these countries

Yesterday, Samsung launched the company’s new lineup of flagship smartphones at the Galaxy Unpacked event in San Jose, California. At the event, the brand revealed that all three phones in the lineup — Galaxy S25, Galaxy S25+, and Galaxy S25 Ultra — have 12GB RAM across all the storage variants. That was quite disappointing for […]

  • By Abid Iqbal Shaik
  • 1 day ago
People in Korea can get Galaxy S25 on monthly subscription

People in Korea can get Galaxy S25 on monthly subscription

Last month, Samsung introduced the AI Subscription Club in South Korea. This service allows people to rent the company’s AI-powered home appliances by paying a monthly fee. Earlier this month, we learned that the tech giant is planning to introduce the same business model for smartphones and tablets. Well, that’s finally happened, right in time […]

  • By Abid Iqbal Shaik
  • 3 days ago
Unpacked shows why Samsung Galaxy and Android are as thick as thieves

Unpacked shows why Samsung Galaxy and Android are as thick as thieves

Many people love it, some not so much, but the truth is that Samsung Galaxy is the face of Android today more than ever. “Galaxy” and “Android” have become synonymous, and Samsung will strengthen that perception even further at Unpacked this week. One big reason things turned out the way they did is the bond […]

  • By Mihai Matei
  • 4 days ago
Google’s and Samsung’s Eclipsa Audio is coming to Galaxy phones, tablets

Google’s and Samsung’s Eclipsa Audio is coming to Galaxy phones, tablets

Earlier this month, Google and Samsung revealed a new spatial audio format called Eclipsa Audio. It is a royalty-free alternative to the popular format Dolby Atmos. Now, Google has revealed that Eclipsa Audio is coming to Android devices. Eclipsa Audio is coming to Android (including Galaxy) phones and tablets Google revealed last week that IAMF-based […]

  • By Asif Iqbal Shaik
  • 4 days ago
Galaxy S24’s second January 2025 update hints at One UI 7 arrival

Galaxy S24’s second January 2025 update hints at One UI 7 arrival

Samsung has released a new software update to the Galaxy S24. This second update hints at the imminent arrival of the stable One UI 7.0 update. Galaxy S24 gets second January 2025 update The Galaxy S24 series has started getting the second software update this month in South Korea. This 376.82MB update comes with firmware […]

  • By Asif Iqbal Shaik
  • 4 days ago