SEOUL, July 22 (Korea Bizwire) — The share of employees aged 50 and over exceeded that of those under 30 at South Korea’s major companies after the outbreak of the coronavirus, primarily due to the decline in new hires, data showed Thursday. The nation’s 72 major companies published their 2021 sustainability management reports, of which [...]
SEOUL, April 27 (Korea Bizwire) — South Korea has opened the way for municipal governments to beef up the number of local public servants in case national disasters like COVID-19 pandemic occur. According to the Ministry of the Interior and Safety on Tuesday, the government held a Cabinet meeting and passed a partial revision of [...]
SEOUL, Sept. 1 (Korea Bizwire) — A majority of South Korean companies are hiring online as the pandemic drags on. Online job search portal JobKorea conducted a survey of 365 South Korean businesses, 67.1 percent of whom responded that they are ‘hiring online.’ Among them, 80.4 percent of large businesses have introduced online hiring programs. [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s major companies increased their hiring of new employees in the first half of the year despite the coronavirus pandemic, a corporate tracker said Wednesday. According to CEO Score, 460 out of the country’s top 500 firms by sales had a combined workforce of 1,503,643 as of end-June, [...]
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, June 16 (Korea Bizwire) — South Korean conglomerates appear to be gradually changing their recruitment methods in favor of experienced workers and year-round recruitment of new employees. A public organization said Wednesday that major domestic companies are planning to fill about 40 percent of their new job openings with experienced workers, as opposed to [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s major companies reduced their hiring of new employees in 2020 in an effort to cut costs amid the coronavirus pandemic, a corporate tracker said Wednesday. According to CEO Score, 497 out of the country’s top 500 firms by sales newly hired 264,901 workers last year, down 5,902 [...]
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 [...]
SEOUL, Aug. 31 (Korea Bizwire) — Local companies’ demand for new employees in the second and third quarters has fallen to the lowest level in 11 years, a government report showed Monday, as the spread of the coronavirus pandemic continues to weigh down the job market. According to the report issued by the Ministry of [...]
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 [...]