South Korean Builder Offers 100 Million Won ‘Birthrate Bonus’ to Employees

June, 1 (Korea Bizwire) –In an extraordinary effort to incentivize childbirth among its workers, the Booyoung Group, a major South Korean construction company, has paid out around 7 billion won to 66 employees who had babies, awarding each new parent the equivalent of 100 million won per child. The eye-popping “birthrate bonuses,” which were granted [...]