Samsung just revealed a plan to make its people richer

Things have been looking up for Samsung Electronics. Its core business segments are recovering and the company is on track to post one of its highest quarterly profits in several years.

The company has detailed a new plan to reward the people who work there, one that has the potential of making them much richer.

Samsung Electronics has detailed a performance stock units program under which it will offer the company's shares to its employees. This will allow workers to get higher compensation based on how Samsung's stock performs.

Under this program, each Samsung employee will receive 200 to 300 shares based on their career level within the company. The exact number of shares to be given will be based on the company's stock performance. These shares will be given out over a three year period that begins in 2028.

For instance, if Samsung Electronics' stock rises between 40-60% by October 13, 2028, employees will receive the full 200 or 300 shares. If the stock rises between 60-80%, the number of shares granted will be increased by 1.3x and by 1.7x if the price rises above 80% but stays below 100%. If the stock doubles by then, the number of shares awarded will also double.

Shares are a common compensation tool to incentivize workers to push forward with growth. When the company does well and shows signs of high future growth, investors pour into the stock and lift it higher, thereby raising the net worth of everyone who owns those shares. Samsung Electronics' stock is already up nearly 80% this year as investors are becoming bullish on its future prospects.

Employees who hold on to the company's shares will potentially see large capital gains a long way down the road as Samsung fully capitalizes on all of the business opportunities of the future.