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Item ID 15439773 in Category: Communities - News & Events

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Amid South Korea’s declining birth rate,an employer offers incentives fo


In an unconventional move, South Korean construction firm Booyoung Group is offering its employees a financial incentive to have babies, with a cash reward of 100 million Korean won (about $75,000) for each child born while the employee is working for the company. This policy, applicable to both women and men, aims to counter the country’s declining birth rate. Booyoung Group is the first in South Korea to provide substantial cash support for this purpose. The initiative seeks to address the financial and career costs that often lead young people to delay or forgo having children.

for more details please visit our website :https://hrviews.com/2024/07/18/amid-south-koreas-declining-birth-rate-an-employer-offers-incentives-for-employees-to-have-babies/


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Target State: California
Target City : Carlsbad
Last Update : May 21, 2025 7:36 AM
Number of Views: 8
Item  Owner  : hrviews
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2025-05-21 (0.334 sec)