SEOUL, March 7 (Korea Bizwire) — More than one in three employees at South Korea’s sports-related organizations have suffered workplace harassment, such as verbal abuse, the nation’s human rights watchdog said Saturday, citing its recent poll. According to the National Human Rights Commission of Korea (NHRCK), its poll of 1,378 employees at three major sports [...]
SEOUL, March 6 (Korea Bizwire) — Some 8 out of 10 South Korean companies said they have difficulty maintaining proper staffing due to the high rate of early resignation of members of the millennial generation. According to a survey conducted by online job portal Saramin of 356 companies that hired new employees in the past [...]
SEOUL, March 5 (Korea Bizwire) — Companies that have introduced blind recruitment policies generally seem to be satisfied with the results. According to a recent survey of 554 people in charge of human resources conducted by job search portal JobKorea, 42 percent of companies that introduced blind recruitment said they were satisfied with the hiring [...]
SEOUL, March 5 (Korea Bizwire) — The amount of daily financial transactions using credit cards and electronic means continued to grow last year while the use of checks and promissory notes continued to dwindle, central bank data showed Thursday. The value of daily financial transactions using non-cash payment methods, including remittance services, came to 81.4 [...]
SEJONG, March 4 (Korea Bizwire) — Online sales of face masks and hand sanitizers spiked in January due to the new coronavirus outbreak, despite a slowdown in overall online shopping, government data showed Wednesday. Purchases of face masks and other miscellaneous items made via computers, smartphones and tablets soared 57 percent on-year to 443 billion [...]
SEOUL, March 4 (Korea Bizwire) — Nearly two-thirds of foreign firms in South Korea expect their sales to drop due to the spread of the novel coronavirus, a poll showed Wednesday. The survey of 150 foreign-invested corporations showed 67.3 percent of the respondents anticipating a decline in their shipments due to the fast-spreading epidemic. The [...]
SEOUL, March 4 (Korea Bizwire) — Foreign selling of South Korean stocks skyrocketed in February as investors rushed to pull out of emerging markets amid the coronavirus scare, data showed Wednesday. Offshore investors sold a net US$3 billion worth of South Korean stocks last month, compared with net selling of $165 million a month earlier, [...]
SEOUL, March 4 (Korea Bizwire) — The debt owed by households and small businesses in South Korea rose at one of the world’s fastest rates in 2019 in terms of its ratio to the country’s gross domestic product (GDP), data showed Wednesday. According to the data from the Bank for International Settlement, outstanding debt extended [...]
SEOUL, March 3 (Korea Bizwire) — Half of those in their 20s and 30s want to be “job-hoppers” rather than settle into a routine life. Job-hopping refers to the act of seeking a different job every two to three years for a higher salary or to improve one’s career prospects. According to a survey of [...]
SEOUL, March 2 (Korea Bizwire) — South Korean institutions’ investment in overseas securities surged sharply from a year earlier in 2019, largely due to a rise in their purchase of overseas bonds, central bank data showed Monday. The combined value of foreign stocks and bonds held by South Korean institutions came to US$326.3 billion as [...]