brain drain Archives | Be Korea-savvy

Brain Drain a Concern in S. Korea as Global Competition for EV Batteries Heats Up

SEOUL, Sept. 17 (Korea Bizwire) — Global competition for electric vehicle (EV) batteries has countries and companies battling to attract top talent. In particular, concerns over technology leaks are growing as battery manufacturers in China, Europe and other countries have been attempting to woo Korean workers. Companies are offering high salaries targeting skilled Korean talent. [...]

Brain Drain Hurts S. Korea’s Competitiveness

SEJONG, Nov. 26 (Korea Bizwire) – A serious outflow of talented people from South Korea is hurting the country’s global competitiveness, a report by a business school in Switzerland showed Thursday. The World Talent Report 2015 by the Institute for Management Development (IMD) showed Asia’s fourth-largest economy ranking 18th among 61 countries checked in terms [...]