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 [...]
SEOUL, Oct. 25 (Korea Bizwire) — According to a survey, 3 out of 5 South Korean large firms are applying artificial intelligence (AI) to their actual work. More than half of the companies even have related organizations. According to a recent survey conducted by CEO Score, 57.3 percent (75 companies) of the total of 131 [...]
SEOUL, Oct. 23 (Korea Bizwire) — A 52-hour workweek and anti-harassment laws are impacting the get-together practices called ‘hoesik’ prevalent in South Korean companies. Saramin, a South Korean job search portal, conducted a survey of 1,824 people, 64.5 percent of whom said that they have the right not to participate in company get-togethers without having [...]
SEOUL, Oct. 11 (Korea Bizwire) — Personal appearance still matters at a majority of companies when it comes to evaluating job candidates. According to a survey of 926 companies conducted by online job portal Saramin, 58.4 percent of the companies reflected applicants’ appearance in their evaluation. When analyzing which industry was most affected by appearance, [...]
SEOUL, Sept. 29 (Korea Bizwire) — South Korean companies’ entertainment expenses rose 7.7 percent on-year in the first half of the year, despite a draconian anti-graft law that came into force in 2016, a market tracker said Sunday. A total of 116 large companies spent a combined 149.6 billion won (US$124.6 million) in the January-June [...]
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 [...]