DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 1 dwindles - 1 Yoon Suk - 1 Group’s - 1 Lee Joong - 1 keun - 1 ” - 1 “ - 1
Top related locs:
South Korea Seoul China Japan South Korean Korea
Top related orgs:
Booyoung - 2 CNN - 2 Ssangbangwool - 1 Service - 1 Korea Herald - 1 Booyoung Group - 1 Seoul CNN - 1 Statistics Korea - 1

Search resuls for: "Booyoung Group"


2 mentions found


☆ South Korean companies are offering workers $75,000 to have babies amid the country's desperate bid for more children
  + stars: | 2024-02-26 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +2 min
Some South Korean companies are giving out $75,000 bonuses to employees who have kids. The fertility rate in South Korea was 0.78 in 2022, far lower than the 2.1 it needs to maintain its population. AdvertisementA South Korean firm is offering employees up to $75,000 to have children and help lift the country's ailing birth rate. The company will take responsibility and put all-out efforts to help the country increase the fertility rate," a company spokesperson, per the outlet. South Korean President Yoon Suk Yeol on February 13 ordered his administration to develop tax incentives and subsidies for companies that encourage their employees to have children.
Persons: —, dwindles, Yoon Suk Organizations: Booyoung, Ssangbangwool, Service, Korea Herald, Booyoung Group, CNN Locations: South Korea, Seoul, China, Japan, South
☆ A South Korean firm is offering to pay its workers $75,000 each time they have a baby
  + stars: | 2024-02-06 | by ( Gawon Bae | ) edition.cnn.com   time to read: +2 min
Seoul CNN —A South Korean company is ready to pay millions of dollars to help fix the country’s abysmally low birth rate. Booyoung Group, a construction firm based in Seoul, plans to pay employees 100 million Korean won ($75,000) each time they have a baby, it said in a press release Monday. It will also pay a total of 7 billion Korean won ($5.25 million) in cash to employees who have had 70 babies since 2021, the company added. Countries like South Korea, Japan and China, however, have shied away from mass immigration to tackle the decline in their working age populations. The South Korean government and other private companies already offer financial perks to encourage people to have more children, but none on the scale of Booyoung Group’s benefits.
Persons: Group’s, Lee Joong, keun, ”, “, ” Lee, China’s Trip.com Organizations: Seoul CNN, CNN, Statistics Korea, Booyoung, South Locations: Seoul, Korean, South Korea, Korea, Japan, China
0 next >>
Total: 2