SUWON, Aug. 17 (Korea Bizwire) – Speaking on youth unemployment and the difficulties small and medium-sized businesses face in hiring and retaining new employees, Gyeonggi Governor Nam Gyeong Pil unveiled a number of policy proposals that would seek to resolve both issues. There were three chief proposals for those ages 18 through 34 in his [...]
SEOUL, Nov. 30 (Korea Bizwire) – A recent study by the Ministry of Employment and Labor revealed that roughly four out of ten companies in Korea have yet to embrace promoting a work-family balance. The trend was particularly apparent in enforcing parental leave as part of company welfare policies, despite government guidelines suggesting various types [...]
YANGPYEONG, South Korea, Nov. 11 (Korea Bizwire) – The Korea Forest Service gave foreign reporters Friday a familiarization tour of Yangpyeong’s Saneum Healing Forest. Located within the Saneum National Recreational Forest, Saneum Healing Forest was established in 2009 as Korea’s first healing forest, offering various nature-driven therapy programs. The forest is comprised of several mountain [...]
SEOUL, Oct. 31 (Korea Bizwire) – Government expenditures on welfare are increasing year after year, but a recent report showed that Korea still falls far behind its OECD counterparts. According to the OECD’s October update to its Social Expenditure Database, Korea’s social spending was marked at 10.4 percent of its GDP, ranking 34th among 35 [...]
SEOUL, Oct. 28 (Korea Bizwire) – Hyundai Motor Co., South Korea’s top automaker, will build a welfare center in Vietnam by donating 600 million won (US$524,000) to a local fundraising agency, a company official said Friday, the latest in a series of global corporate social responsibility activities. The center — to involve the remodeling of [...]
SEOUL, Dec. 10 (Korea Bizwire) – Seoul Mayor Park Won-soon proposed creating an organization involving rival parties and central and local governments Thursday that would discuss his controversial plan of providing direct cash benefits to young and unemployed people. In October, Park announced the plan to provide an average 500,000 won (US$428) a month for [...]
SEJONG, Nov. 26 (Korea Bizwire) – More South Koreans are feeling the pinch of rising social security outlays as the country moves to expand its welfare infrastructure, a nationwide poll showed Thursday. The 2015 society trend survey on 39,000 people across the country in May revealed that 65.6 percent of respondents said outlays for health [...]
SEOUL, July 1 (Korea Bizwire) – Three revised welfare laws that enable citizens to receive ‘tailored’ welfare benefits varying upon general livelihood, housing, health and education, took effect on July 1. Korea’s national basic livelihood security supported individuals in need by selecting them on the basis of the minimum cost of living. The Ministry of [...]
SEOUL, Korea, Mar 5 (Korea Bizwire) – As a series of suicide cases distressed from hardship of life continues in Korea, the government considers countermeasures to solve those problems, including more thorough investigation of welfare blind spots and improving its welfare systems. The Ministry of Health and Welfare announced on March 3 that it will [...]
SEOUL, Korea, Sep 09 (Korea Bizwire) – The government announced a plan to set nationally adopted standards for physical strength and fitness and encourage companies to use them for hiring and promotion. The Ministry of Culture, Sports, and Tourism said on September 2 that it has unveiled a new “People’s Physical Fitness 100″ certification program. [...]