Rewards Archives | Be Korea-savvy
Gov’t Urged to Increase Rewards for Medical Workers Fighting COVID-19

Gov’t Urged to Increase Rewards for Medical Workers Fighting COVID-19

SEOUL, Jan. 12 (Korea Bizwire) — A local medical workers’ union on Tuesday called for greater government attention to increasing financial compensation for frontline health workers fighting the coronavirus pandemic, saying insufficient remuneration for nurses, in particular, threatens the operations of public hospitals and other hub-hospitals for COVID-19. The Korean Health and Medical Workers’ Union [...]

Controversy Sparks over Paparazzi Aiming at COVID-19 Bounties

Controversy Sparks over Paparazzi Aiming at COVID-19 Bounties

SEOUL, Jan. 5 (Korea Bizwire) — The so-called ‘coparazzis,’ or paparazzi that report on COVID-19 quarantine violations to win rewards, are gaining presence. The government and local authorities recently introduced a new program that allows citizens to report on quarantine violations in exchange for rewards as an effort to keep an eye on businesses failing [...]

FSS Pays Record Cash Rewards for Reporting Violations

FSS Pays Record Cash Rewards for Reporting Violations

SEOUL, Jan. 13 (Korea Bizwire) – South Korea’s state financial watchdog said Friday it paid more than 120 million won (US$100,000) last year in cash rewards for helping punish violators of capital market rules.  A total of 120.7 million won was given to five informers of such irregularities as stock price manipulation, unfair trading and [...]

Scientists at Government Research Institute Receive Billions in Rewards

Scientists at Government Research Institute Receive Billions in Rewards

SEOUL, Nov. 8 (Korea Bizwire) – The Ministry of Science, ICT and Future Planning announced Monday that 17 researchers from Kolmar BNH will be sharing 16.5 billion won ($14.4 million) in compensation for their dedication and hard work.  Kolmar BNH was established in 2006 by the Korea Atomic Energy Research Institute and Korea Kolmar Holdings [...]