Samsung Electro-Mechanics Changes Bonus Formula to '10% of Operating Profit' Starting Next Year

[Financial News] Samsung Electro-Mechanics will change the funding basis for its excess profit bonus, known as OPI, from Economic Value Added (EVA) to operating profit.
According to the industry on the 1st, Samsung Electro-Mechanics recently held a vote among employees on revising the OPI funding formula. Of the 12,886 eligible voters, 9,343 people, or 72.5%, took part. Among them, 9,068 people, or 97.1%, supported changing the OPI fund to '10% of operating profit.'
The vote was held from the 18th to the 30th of last month and offered two options: keeping the existing '20% of EVA' formula or using '10% of operating profit' as the fund. As a result, Samsung Electro-Mechanics plans to apply the new formula, based on 10% of operating profit, to the OPI payout scheduled for early next year.
OPI is paid once a year, up to 50% of an employee's annual salary, when the performance of the division they belong to exceeds the target set at the beginning of the year. Along with TAI, it is one of Samsung Group's signature incentive systems.
Employees at Samsung Electro-Mechanics have long complained that the EVA-based OPI formula did not fully reflect the company's performance. In fact, even though the company posted operating profit of more than 600 billion won in 2023, the OPI payout rate was only 1% of annual salary. In 2024 and 2025, the payout rate remained at around 5% to 6%.
This reform is the first among Samsung affiliates to finalize a similar change, following Samsung Electronics' Semiconductor (DS) Division, which agreed in this year's wage negotiations to switch the OPI fund from an EVA basis to 10% of operating profit.
soup@fnnews.com Im Su-bin Reporter