SEOUL, Aug. 12 (Korea Bizwire) — The percentage of employees over 50 years of age on payrolls nationwide showed a wide variance ranging from 50 percent to less than 1 percent by industry, a market research firm said Wednesday. The Korea CXO Institute conducted a survey of 55 major companies with comparable employee age data, [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korean companies are extending assistance to Indonesia, which is facing a severe shortage of medical oxygen amid an explosive COVID-19 surge. Hyundai Motor Co. presented the idea that it can directly produce medical oxygen through its automobile assembly plant located in Delta Mas City, Bekasi on the outskirts [...]
SEOUL, July 28 (Korea Bizwire) — Large companies in South Korea have more than halved their air pollutant emissions over the past five years amid the government’s anti-coal policies, a corporate tracker said Wednesday. Air pollutant emissions by 166 plants of 77 large businesses came to 139,112 tons in 2020, down 56 percent from 316,013 [...]
SEOUL, July 26 (Korea Bizwire) — Businesses are discussing transition in the working patterns at manufacturing plants as South Korean conglomerates are introducing a ‘four units, two shifts’ policy. This policy involves two units working 12 hours a day while the other two units rest. South Korea’s leading steelmaker POSCO introduced the policy for the [...]
SEOUL, July 23 (Korea Bizwire) — With the onset of the vacation season, the so-called ‘workation,’ referring to working from a vacation destination, is spreading throughout the business world. As a contactless working environment is becoming a new norm in the pandemic era, companies are allowing employees to work not only from home but also [...]
SEOUL, July 9 (Korea Bizwire) — South Korean firms are tightening their virus prevention measures, including allowing more workers to work from home, as the country has decided to enforce the toughest social distancing rules in the greater Seoul area, the hotbed of the recent spike in new infections. South Korea’s daily virus infections hit [...]
SEOUL, June 27 (Korea Bizwire) — South Korean companies operating in Vietnam have donated millions of dollars to help the Southeast Asian nation procure coronavirus vaccines, officials in Hanoi said Sunday. Samsung Electronics Co. reportedly donated about 2.8 billion won (US$2.48 million) to the central and provincial governments in Vietnam earlier this month, with some [...]
SEOUL, June 23 (Korea Bizwire) — Medical artificial intelligence (AI) companies are making great strides with the scope of their services being diversified from the diagnosis of hard-to-diagnose diseases to the prediction of the risk of being afflicted with specific diseases. South Korean startup VUNO Inc. published the world’s first cardiac arrest-related paper in the [...]
SEOUL, June 21 (Korea Bizwire) — More than 4 out of 10 South Korean companies plan to employ interns during the second half of the year mainly for the purpose of covering manpower shortages, a poll showed Monday. According to the survey of 416 companies, taken by recruiting platform Saramin, 44 percent of the respondents [...]
SEOUL, June 14 (Korea Bizwire) — In recent days, the way corporate social responsibility (CSR) activities are performed is changing, as they are evolving towards embracing fun factors to encourage the voluntary participation of employees in small groups. This trend comes as the share of the MZ generation, referring to those born between 1980 and [...]