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The strategic planning of a corporate welfare system for higher productivity : Based on the case study of Korea telecom

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  • The strategic planning of a corporate welfare system for higher productivity
  • Cha, MaengJin
  • Seoul National University(Graduate School of Public Administration)


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Title The strategic planning of a corporate welfare system for higher productivity
Similar Titles
Sub Title

Based on the case study of Korea telecom

Material Type Articles
Author(English)

Cha, MaengJin

Publisher

[Seoul]:Seoul National University(Graduate School of Public Administration)

Date 1992
Journal Title; Vol./Issue Korean Journal of Policy Studies:vol. 7
Pages 11
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Industry and Technology < Entrepreneurship
Social Development < Social Welfare
Holding Seoul National University

Abstract

The policy about the corporate welfare in Korea, since the economic development plan started from 1960, was focused on stabilizing the employee's livelihood and permitting only a few percentage increase annually. However, the corporate sector experienced considerable expansion of welfare needs in the latter half of the 1980s, which consequently became a burden to the corporates. This paper is prepared for the proper handling of the welfare problem each of the Korean corporates faces these days. In preparing this paper, the Japanese "synthetic welfare plan for employee's lifetime" was very helpful and many of the terms and contents of the plan were cited for the purposes of analysis and adaptability to Korea. The welfare plan proposed herein is designed in details so as to satisfy each employee generation's welfare needs and to provide the management of the corporate with the ability to control the overall welfare cost. With this new plan, we believe Korea Telecom would enhance the productivity of its labor force at the reasonable cost.