SEOUL, Mar. 6 (Korea Bizwire) — Slightly over 1 in 100 executives at South Korea’s top 30 conglomerates are women, data showed Wednesday, pointing to a high C-suite glass ceiling in Asia’s fourth-largest economy. As of end-September last year, 256 units of the leading business groups had 21 female directors, a mere 1.3 percent of [...]
SEOUL, May 18 (Korea Bizwire) — Women currently working at a domestic company that has more than 100 employees were found to be getting paid 33 percent less in salary compared to their male counterparts. The National Human Rights Commission of Korea announced these results yesterday after surveying 402 permanent male and female employees who [...]
SEOUL, Jan. 24 (Korea Bizwire) — Corporate women have been promoted to executive-level positions in bigger numbers in recent months, according to data Wednesday, in the latest sign that the glass ceiling is being chipped away in the male-dominated society. CEO Score, a site that appraises corporate management, counted 65 job promotions for women among [...]
SEOUL, Oct. 6 (Korea Bizwire) – Lotte and Shinsegae, two of Korea’s retail giants, are pushing forward with efforts to provide more opportunities for women to move up in their corporate hierarchies, implementing women-friendly systems as part of their company policies. According to industry watchers, Shinsegae’s discount store franchise E-Mart instituted a shortened work-hour system [...]
SEOUL, July 28 (Korea Bizwire) – “We just put the biggest crack in that glass ceiling yet,” said Democratic presidential nominee Hilary Clinton during the Democratic convention in Philadelphia on Tuesday. Korea cracked a similar glass ceiling in 2012, with President Park Geun-hye becoming the first woman president of Korea. But according to experts, Korea [...]