SEOUL, May 26 (Korea Bizwire) – South Korea saw an unprecedented number of senior military officers with more than five years of experience leave the armed forces last year, raising concerns about a potential erosion of combat readiness, according to government data. A total of 9,481 commissioned and non-commissioned officers resigned in 2023, a 24.1% increase [...]
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. [...]
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 [...]