SEOUL, Aug. 14 (Korea Bizwire) — A recent study has revealed that companies have negative views about job applicants with short work experience at a previous job or those who have changed their job frequently. Saramin, a job search platform, conducted a survey on 662 companies, 81.3 percent of whom said they had negative views [...]
SEOUL, Jul. 12 (Korea Bizwire) — Among major listed companies in South Korea, only 15 percent have jumped into projects related to key technologies of the fourth industrial revolution over the past 10 years, according to a recent report. The Korea Economic Research Institute (KERI) studied the data of 132 companies listed on the Korea [...]
SEOUL, Jul. 11 (Korea Bizwire) — Large companies have been found to be more dependent on indirect employment than their smaller counterparts, a government report said Thursday. According to the report by the Ministry of Employment and Labor, the average ratio of indirect employment at 815 large enterprises with more than 1,000 employees was 20.9 [...]
SEOUL, Dec. 27 (Korea Bizwire) — College students in South Korea have picked Samsung Electronics Co. as their preferred company to work for. According to Jobkorea, a South Korean job search portal, 14.1 percent of 1,190 university students said they wanted to work for the company. Samsung was followed by the Korea Electric Power Corp. [...]
SEOUL, Dec. 7 (Korea Bizwire) — One Korean company that currently operates a factory in Indonesia was pressured to set up a prayer room at its local factory site. This is because one of its global clients asked the company to practice corporate social responsibility (CSR) that takes into consideration the religious and cultural characteristics [...]
SEOUL, Oct. 29 (Korea Bizwire) — A number of industries that propelled South Korea to its economic “miracle” are now headed downhill. The China-U.S. trade war, rising interest rates in the U.S., lowered labor productivity and other hurdles have large Korean corporations stuck in a “tunnel of uncertainty” in which companies are unable to accurately [...]
SEOUL, Oct. 17 (Korea Bizwire) — More local companies are switching to blind hiring for new recruits, looking more at qualifications for required skills rather than alma mater, hometowns and language proficiency, an analysis indicated Wednesday. According to the Korea Economic Research Institute, the surveyed firms mostly adopted blind hiring for select positions. Lotte Department [...]
SEOUL, Oct. 15 (Korea Bizwire) — The number of female executives at South Korea’s top 100 companies doubled to more than 200 from five years ago, but the increase in the ratio to the total number was still paltry, stopping at 3.2 percent, latest figures showed Monday. An analysis by market researcher Korea CXO Institute [...]
SEOUL, Aug. 27 (Korea Bizwire) — Companies value communication and cooperation skills the most in assessing their employees, a survey said Monday, a change from the past when employers wanted people who were willing to take on tough challenges. The Korea Chamber of Commerce and Industry analyzed the web sites of 100 top local firms [...]
SEOUL, Feb. 23 (Korea Bizwire) – Trickle-down effects from major South Korean businesses, creating a flow of benefits to smaller companies, are becoming less perceptible. In a report announced Wednesday by the Korea Small Business Institute, researchers said that “there’s now very little trickle-down effects between big companies and SMEs,” based on a statistical analysis [...]