Site | Legal Entity | Benefit category | Benefit type | Benefit description | Eligibility |
|---|
| All Sites | All Entities | Traditional benefits | Death | Death due to disease: the plan differs by entities. | All Employees |
| All Sites | All Entities | Traditional benefits | Disability | 80% disability due to disease: the plan differs by entities. | All Employees |
| All Sites | All Entities | Traditional benefits | Personal Accident | Death or disability due to accident: the plan differs by entities. | All Employees |
| All Sites | All Entities | Traditional benefits | Medical (including dental/optical/ hospitalization/critical illnesses/ etc) | Medical Insurance: the plan differs by entity | All Employees |
| All Sites | All Entities | Retirement | Pension / Savings plan | Retirement pension plan | All Employees |
| All Sites | SKC(former SCSK) | Traditional benefits | Medical (including dental/optical/ hospitalization/critical illnesses/ etc) | Medical check up
100,000 every year for S18 and below
200,000 every year for over 40ages
200,000 every year for S19 and above
over 35 ages, support spouse's medical check-up 100,000 or 200,000 | All Employees |
| All Sites | Former SKC(ex. special chem . R&I) | Traditional benefits | Medical (including dental/optical/ hospitalization/critical illnesses/ etc) | 1. Provide medical expenses (over 30KKRW) within 4 months
Limitation: Employee(No limit),Spouse, children (within 2MKRW/person)
For spouse, cancer, heart disease, blood vessel is supported till 5 MKRW
2. Medical check up
2-1. Local
-Every year : 1,400,000 for executives and spouses / 300,000 for employees and spouses over 40 (However, if the spouse is under 40 years old, it is enforced every other year)
-Biennial : 300,000 for Employees and spouses over 30 years of age with more than 3 years of actual service (However, career recognized)
2-2. Expat
-As from S23 : Male 2300 KKRW, Female 2600 KKRW (flexible every year depending on the inflation) for every year and 700 KKRW for spouses and children (Children until the age of 25 years/ Once when they arrive or leave the country)
-Up to S22 : 700 KKRW for every year and 700 KKRW for spouses and children(Children until the age of 25 years/ Once when they arrive or leave the country) | All Employees |
| All Sites | SSPK | Traditional benefits | Medical (including dental/optical/ hospitalization/critical illnesses/ etc) | 1. Medical exp.
Applied to employees(coverage to direct family members excluded) based on his/her service year at SSPK
- from 1 years : up to 1M KRW/year
- from 3 years : up to 2M KRW/year
- from 5 years : up to 4M KRW/year
• medical expense over 100,000 KRW can be claimed
• 50% coverage for dental treatments
• upto 300 K KRW/year for optical correction
2. Medical check up
300 KKRW/every year for employees and spouses over 1 year of service | All Employees |
| All Sites |
Cytec | Mobility / commuter benefits | Personal car allowance | KRW 100,000/mth/person for the employee without a company car | non-commercial employees below S19 |
| All Sites | sspk | Mobility / commuter benefits | Personal car allowance | KRW 80,000/mth/person for non-commercial employees | non-commercial employees below S19 |
| All Sites | Former SKC(ex. special chem . R&I) | Mobility / commuter benefits | Personal car allowance | For employees without a company car
Commuting allowance
(As from S16)
- S18: 250KKRW / month
- S17: 200KKRW / month
- S16: 150KKRW / month | over S16 |
| All Sites | All Entities | Mobility / commuter benefits | Company car (may include fuel) | IMAGE MISSING | Cadre ≥ S19
Sales |
| All Sites | All Entities | Perquisites | Lunch/food allowance/tickets/subsidised cantine/ etc | Cafeteria | All Employees |
| All Sites | SCSK, SSPK | Perquisites | Children related benefits (birth allowances /tuition/ vacation/entertainment/day-care benefits/ etc.) | Children(No limitation in number)
For children taking Middle / High school :
100% of Entrance/Tuition fee
For children taking College / University :
100% of Entrance/Tuition fee
IIn case of Study Abroad : The average of Entrance/Tuition fee in 4 local Universities | All Employees |
| All Sites | Cytec | Perquisites | Children related benefits (birth allowances /tuition/ vacation/entertainment/day-care benefits/ etc.) | The assistance shall be applicable to the children of current employees only. The number
of beneficiaries shall be limited to 2 children at the same time for high school and 1
child for university which must be located in Korea. The expenses for attending classes
at the university will only be reimbursed for the first 4 years of education.
This Policy does not apply to employees having a fixed term (temporary) contract.
The amount of assistance shall be limited to KRW 1,500,000 per year for
children attending high school and KRW 4,000,000 per year for children attending
university. | All Employees |
| All Sites | Former SKC(ex. special chem . R&I) | Perquisites | Children related benefits (birth allowances /tuition/ vacation/entertainment/day-care benefits/ etc.) | For employees who are requesting a support in their children’s studies costs. And For employees who go to College/University
Children(No limitation in number)
For children taking Middle / High school :
100% of Entrance/Tuition fee
In case of Study Abroad : 2.0MKRW/yr
For children taking College / University :
100% of Entrance/Tuition fee
In case of Study Abroad : 10.0MKRW/yr
For kndergarden 100k/month | All Employees |
| All Sites | Former SKC(ex. special chem . R&I) | Perquisites | Other benefits / perquisites | 50% of entrance/tuition fee
College/univ. : For regular semesters
Master,Dr. : For regular semesters + One more semester | Employees with at least 7 year service |
| All Sites | Former SKC(ex. special chem . R&I) | Perquisites | Jubilee / Service Award | 5, 10, 15, 20, and 25 years anniversary
Continuous service for long terms
- 5 years of service: 2 holidays and 200,000 trip expense
- 10 years of service: 4 holidays, gold medal, 300 KKRW trip expense
- 15 years of service: 7 holidays, gold medal, 500KKRW trip expense
- 20 years of service: 10 holidays, gold medal, 1 MKRW trip expense
- 25 years of service: 10 holidays, gold medal, 1 MKRW trip expense | All Employees |
| All Sites | SKC, SSPK, | Perquisites | Jubilee / Service Award | 5, 10, 15, 20,25 and 30 years anniversary
Continuous service for long terms
- 10 years of service: Gold (10) or gift valued 100,000
- 15 years of service: Gold (1) and cash 300,000 won
- 20 years of service: Cash 2,000,000 and certificate with special leave 4 days
- 25 years of service: 50% of monthly base salary
- 30 years : Cash 3,000,000 won
Support for overseas travel with couple (Limit: 2,000,000 won)
- Retired employee : Gold (10) and an appreciation plaque | All Employees |
| All Sites | Former SKC(ex. special chem . R&I) | Perquisites | Other benefits / perquisites | Family Allowance: 25,000 KRW for parents, 25,000 KRW for a spouse, and 10,000 KRW per a child | All Employees |
| All Sites | Former SKC(ex. special chem . R&I) | Perquisites | Loans |
| All Employees |
| All Sites | Former SKC(ex. special chem . R&I) | Perquisites | Travel assistance program (road assistance etc.) | 50 KKRW per day, limited to 300K | All Employees |
| All Sites | sspk | Perquisites | Wellness/ Fitness allowance or other similar arrangements | Fitness allowance for legal entity executives:
- up to 300 KKRW per month for GM(Sajang)
- upt o 200 KKRW per month for KAM(Jeonmoo) | K grade_Sajang & Jeonmoo |
| All Sites | Former SKC(ex. special chem . R&I) | Perquisites | Wellness/ Fitness allowance or other similar arrangements | 50KKRW per month | All Employees |
| All Sites | Former SKC(ex. special chem . R&I) | Perquisites | Gifts / medals / dinners / etc | Lunar New Year : gift voucher amounting to 200 KKRW
Chuseok : gift voucher amounting to 200 KKRW
Foundation day : gift voucher amounting to 50 KKRW
Labor’s Day : gift voucher amounting to 50 KKRW
Children's day: gift voucher amounting to 20KKRW per child | All Employees |
| All Sites | sspk | Perquisites | Gifts / medals / dinners / etc | Lunar new year, Chuseok, and Company foundation day:
Gift voucher equivalent to 100 KKRW | All Employees |
| All Sites | Cytec | Perquisites | Gifts / medals / dinners / etc | Gift voucher:
Employee Birthday - 50,000 KRW
Chuseok and Lunar New Year - 100,000 KRW each | All Employees |