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LG Uplus Offers ‘Non-Marriage’ Grant, First in Industry

LG Uplus Offers ‘Non-Marriage’ Grant, First in Industry

SEOUL, Nov. 25 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Thursday it will offer a “non-marriage” grant, similar to the company’s existing “marriage” grant, a first among large companies in the country. According to the company, the non-marriage grant system will take effect from the beginning of next year, [...]

Confidence Toward Retirement Depends on Labor Income, Health and State of Mind: Survey

Confidence Toward Retirement Depends on Labor Income, Health and State of Mind: Survey

SEOUL, Nov. 24 (Korea Bizwire) — People who are highly confident about their life after retirement commonly have more than five channels of income set up for post-retirement life, a survey showed Thursday. A research unit of South Korea’s asset managing giant Mirae Asset Financial Group conducted a survey of 2,000 office workers in their [...]

Labor Ministry Says Priority Recruiting of Employees’ Children is Illegal

Labor Ministry Says Priority Recruiting of Employees’ Children is Illegal

SEOUL, Nov. 24 (Korea Bizwire) — The government has begun to take action to correct Kia Corp.’s “hereditary employment” clause included in the collective agreement. The Ministry of Employment and Labor sent out an official notification that the South Korean automaker’s collective agreement includes an unlawful provision, and that corrective procedures will soon take place. [...]

Men and Women Have Different Thoughts About Penny-pinching Marriage Partner: Poll

Men and Women Have Different Thoughts About Penny-pinching Marriage Partner: Poll

SEOUL, Nov. 23 (Korea Bizwire) — Men and women have different perceptions of potential marriage partners who are well off but reluctant to spend their money, a survey showed Tuesday. Matchmaking firm Bien-Aller conducted a survey of 516 single men and women, in which 52.3 percent of men thought positively of wealthy women reluctant to [...]