SEOUL, March 23 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Motors Corp. said Monday they have asked employees to resume work at their workplaces to better cope with the growing impact of the spreading coronavirus outbreak on their businesses. The carmakers’ employees have been ordered to work from home to prevent the spread [...]
SEOUL, March 17 (Korea Bizwire) — The spread of the new coronavirus has made things difficult for companies, leading to a growing number of employees suffering from labor code violations such as forced annual leave, unpaid leave, layoffs and pay cuts. According to an analysis of 911 reported cases, which civic group Workplace Gapjil 119 [...]
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, Feb. 28 (Korea Bizwire) — Companies that require frequent contact with customers are calling on all staff to wear protective masks as the novel coronavirus continues to spread nationwide. In the meantime, some companies are being criticized for falling short of providing the masks to all employees while at the same time insisting that [...]
SEOUL, Feb. 28 (Korea Bizwire) — South Korean companies, although they are also feeling the pinch of the fast-spreading coronavirus, are rushing to join the nationwide virus fight with relief efforts, industry sources said Friday. South Korea has so far reported more than 1,700 COVID-19 cases, with most of them identified in the southeastern city [...]
SEOUL, Feb. 21 (Korea Bizwire) — The number of mergers and acquisitions (M&As) of Korean companies last year was the highest in 12 years, a recent report revealed. According to the Fair Trade Commission (FTC), the number of M&As reached 766 last year, up 64 from 702 in 2018. It was the highest number since [...]
SEOUL, Jan. 22 (Korea Bizwire) — CJ OliveNetworks is the company that created the most jobs in the past five years among affiliates of the top 30 South Korean conglomerates. The Korea Economic Research Institute analyzed the number of employees at affiliates with more than 300 employees at the top 30 conglomerates between 2013 and [...]
SEOUL, Dec. 11 (Korea Bizwire) — While most job seekers think that “Companies should also notify those who failed the interview,” companies feel burdened about it. According to a survey of 498 companies conducted by online job portal Saramin, 61.2 percent of the companies said they felt burdened to notify those who failed their interview. [...]
SEOUL, Nov. 6 (Korea Bizwire) — Amid the growing share of the millennial generation in in the job market, companies are finding it difficult to manage employees from what some feel is a distinctly different generation. According to a survey of 283 companies conducted by online Job Portal Saramin, 57.2 percent said they find it [...]
SEOUL, Nov. 4 (Korea Bizwire) — Local companies are touching upon consumer sentiment by revisiting past hits that helped propel them to greatness. BEANPOLE, a contemporary fashion brand that was launched in 1989 by Samsung C&T Corp., a construction and fashion unit of Samsung Group, drew attention in July for a promotion that invited customers [...]