SEOUL, July 13 (Korea Bizwire) — As the job market continues to deteriorate, both employers and employees were found to have a high level of mistrust in hiring practices, a survey showed Monday. Recruiting platform Saramin conducted a survey of 1,210 job seekers, 51.6 percent of whom had doubts about the fairness of the hiring [...]
SEOUL, Oct. 30 (Korea Bizwire) — A recent study has revealed that a large number of employers have experienced so-called ‘part-time job ghosting’. Ghosting is a new term used to describe job applicants not showing up on the day of an interview or employees ‘disappearing’ on the first day of work or at any time [...]
SEJONG/SEOUL, July 14 (Korea Bizwire) — A national commission on Tuesday set next year’s minimum hourly wage at 8,720 won (US$7.25), raising the legal threshold by the smallest-ever annual increase, as the country faces economic headwinds from the new coronavirus. Up to 4 million workers, whose current hourly wage is lower than the amount, will [...]
SEOUL, Dec. 30 (Korea Bizwire) — The conflict between the government and business owners has intensified in South Korea ahead of the scheduled implementation of a new wage system that obligates employers to give paid leave to workers, industry watchers said Sunday. Under South Korean law, an employer must provide employees with paid leave depending [...]
SEOUL, Aug. 31 (Korea Bizwire) — More than half of companies planning hirings this year prefer science and engineering majors, a survey indicated Friday. Job portal Incruit polled 571 listed firms who have hiring plans for the second half of this year. Results showed 53.6 percent of them favored graduates with majors in science and [...]
SEOUL, Feb. 24 (Korea Bizwire) — Many Korean employees consider themselves as indispensable assets of their companies. According to job search company Byeoruk Sijang’s survey conducted on 1,124 employees, 76.4 percent of the respondents answered that they are irreplaceable individuals at their companies. The respondents also gave scores for their accomplishments at work. On a 100 point [...]
SEOUL, Korea, Oct 21 (Korea Bizwire) – The turnover rate for office workers is quickly on the rise. According to data published by the Korea Employers Federation last year, the percentage of newly hired workers with college degrees to quit within one year of employment has shot up to 23.6 percent from 15.7 percent in [...]