SEOUL, Dec. 7 (Korea Bizwire) – The number of people who said their motivation to work has weakened since the COVID-19 pandemic increased sharply, a survey showed Monday. The Woori Finance Research Institute, affiliated with major bank holding firm Woori Financial Group, classified individuals who are in the 10 to 30 percent bracket of the [...]
SAN FRANCISCO, Oct. 7 (Korea Bizwire) — New research* from Kadence (formerly Chargifi) has revealed that after a year of flexible working, almost two-thirds of US and UK office workers (62%) now feel more trusted to do their job effectively. Of those workers, half also feel more motivated to do a better quality job (51%) and go [...]
SEOUL, Sept. 30 (Korea Bizwire) — The growth in the number of workers hired by businesses in August fell to a five-month low last month, as the COVID-19 pandemic continued to weigh down on the economy, the government said Thursday. The total number of workers employed by businesses as of the end of last month [...]
SEOUL, Sept. 30 (Korea Bizwire) — A survey showed that South Korea’s MZ generation workers, those in the their 20s and 30s, are putting more emphasis on annual salary rather than corporate value or job security when choosing a job. Recruiting platform Saramin conducted a survey of 1,865 workers in their 20s and 30s on [...]
SEOUL, Sept. 2 (Korea Bizwire) — Male workers in listed firms in South Korea earned 1.6 times higher wages than their female colleagues last year, a government survey showed Thursday. Men were paid an average 79.8 million won (US$68,800) in 2020, while their women counterparts received 51.1 million won, according to the study on 2,149 [...]
SEOUL, Aug. 31 (Korea Bizwire) — The number of people working at restaurants and hotels dropped 64,000 on-year in July as the fourth wave of the coronavirus pandemic continued to weigh down on the sectors, the government said Tuesday. The total number of workers in the restaurant and hotel industry stood at 1.09 million last [...]
SEOUL, Aug. 26 (Korea Bizwire) — Leading automaker Hyundai Motor Co. was the top employer of physically challenged workers among 70 major firms in South Korea in 2020, with their total hiring of disabled people continuing to rise, a corporate tracker said Thursday. Hyundai Motor, the flagship of No. 5 global automaker Hyundai Motor Group, [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s average wage is growing more rapidly than major advanced countries, but the former’s labor productivity is lagging behind due to a decrease in working hours., an expert said. Park Seo-woo, an analyst at the Korea Industry Alliance Forum, said in an online seminar held on Tuesday that [...]
SEOUL, Aug. 11 (Korea Bizwire) — The government will establish legal grounds to enable the systematic management and application of the information regarding workers’ vocational abilities accumulated through educational training programs, for employment and human resource management purposes. The Ministry of Employment and Labor announced on Tuesday that it had issued an advance legislation notice [...]
SEOUL, June 30 (Korea Bizwire) — A growing number of South Korean workers have been wrestling with the new reality of returning to the office as more businesses scale back the pandemic practice of working from home in line with the government’s new social distancing rules. One office worker who lives in Seoul’s eastern Songpa [...]