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Three-fourths of Big Firms Have No or Indefinitive Hiring Plans in H2

Three-fourths of Big Firms Have No or Indefinitive Hiring Plans in H2

SEOUL, Sept. 6 (Korea Bizwire) — Three-fourths of large companies in South Korea have no hiring plan or have not confirmed their recruiting scheme for the second half of the year amid the novel coronavirus pandemic, a poll showed Sunday. Half of the companies that responded to the Korea Economic Research Institute’s (KERI) survey answered [...]

Foreign Businesses Earned More and Contributed Less Last Year

Foreign Businesses Earned More and Contributed Less Last Year

SEOUL, Aug. 27 (Korea Bizwire) — Foreign companies that earned considerable profits in South Korea last year were relatively indifferent to investment, employment, and other means of contributing to Korean society. Industry tracker CEO Score analyzed 43 foreign businesses included in last year’s top 500 companies in South Korea, revealing that their investment last year [...]

Samsung Decides to Indefinitely Postpone Spring Hiring

Samsung Decides to Indefinitely Postpone Spring Hiring

SEOUL, March 13 (Korea Bizwire) — South Korea’s top conglomerate Samsung Group has decided to delay its traditional spring hiring period indefinitely as the coronavirus outbreak rages on. The deadline for submitting applications has already been pushed back. Last year, the group received applications from March 11, starting with job applications for its affiliates in [...]

Brain Drain a Concern in S. Korea as Global Competition for EV Batteries Heats Up

Brain Drain a Concern in S. Korea as Global Competition for EV Batteries Heats Up

SEOUL, Sept. 17 (Korea Bizwire) — Global competition for electric vehicle (EV) batteries has countries and companies battling to attract top talent. In particular, concerns over technology leaks are growing as battery manufacturers in China, Europe and other countries have been attempting to woo Korean workers. Companies are offering high salaries targeting skilled Korean talent. [...]

Major Shipyards to Hire Workers Despite Ongoing Belt-tightening Mode

Major Shipyards to Hire Workers Despite Ongoing Belt-tightening Mode

SEOUL, Mar. 25 (Korea Bizwire) — South Korea’s major shipbuilders are planning to recruit new workers despite the ongoing belt-tightening mode on hopes that the industry is on track towards recovery, sources said Monday. Although they did not finalize the details on the new hiring, the major shipyards are considering recruiting a small number of [...]

SK Innovation Creates Subsidiary to Hire Disabled Persons

SK Innovation Creates Subsidiary to Hire Disabled Persons

SEOUL, Nov. 28 (Korea Bizwire) — SK Innovation Co. signed a memorandum of understanding with the Korea Employment Agency for the Disabled on Tuesday to implement a system of subsidiary businesses for disabled persons. This system recognizes employees with disability, hired by a subsidiary company established for the purpose of hiring disabled persons, as employed [...]