The mobile division of the company Samsung going through a difficult period, sales Samsung Galaxy S5 failing to impress, the terminal not being able to dethrone iPhone 5S from the top of the most desired smartphones. Combining this failure with a drop in revenue for the Korean company, 200 managers of the mobile division They've decided to return a quarter of the bonuses received from the company for the first part of 2014.
Almost 200 managers at Samsung Electronics Co Ltd's mobile division have voluntarily returned a quarter of their first-half bonuses, a source with direct knowledge of the matter said, with the firm poised to post its worst quarterly profit in two years. The decision to return some of the bonus was partly a gesture to demonstrate that managers are taking responsibility for the earnings decline.
Such practices are not unusual in South Korea, the managers of some top companies doing the same in the company's difficult moments in order to show their commitment and desire to solve the existing problems. Despite the fact that we are talking about 200 people who returned a quarter of the bonuses they received for poor performance, only 3 million dollars would be returned to the company as a result of this act.
Although no one knows if this measure will have any positive effect on the future of the company, but the decision is as brave as possible and deserves praise.
