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Korea's Auto Industry - Today and Tomorrow - Invest Korea

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<strong>Korea</strong>’s <strong>Auto</strong> <strong>Industry</strong> - <strong>Today</strong> <strong>and</strong> <strong>Tomorrow</strong><br />

Offering <strong>Invest</strong>ors a Future-Oriented Optimal <strong>Invest</strong>ment Environment<br />

Recruitment (office workers <strong>and</strong> R&D positions)<br />

A typical hiring method adopted by local manufacturers includes ordinary <strong>and</strong> extraordinary<br />

recruitment. An annual ordinary recruitment is the typical practice adopted by large-size<br />

manufacturers with 1,000 or more employees. Since the 1997 foreign currency crisis, which<br />

triggered a large-scale restructuring, recruitment began changing to an as-needed basis, instead<br />

of the traditional annual event-like practice.<br />

Recruitment on the Internet. Some major auto parts manufacturers began recruiting their<br />

manpower by advertising the recruitment on the Internet such as Pop-Up, so as to receive the<br />

applications, from time to time.<br />

Recruitment through industry-academic cooperation. Some of the major manufacturers<br />

offer scholarships to college or graduate school students they previously selected to<br />

secure eligible manpower in advance.<br />

Open recruitment via the mass media The most typical practice adopted by the companies<br />

when they need to hire a large number of employees is advertising in daily newspapers,<br />

technical journals or college newspapers.<br />

Recruitment using Search Firms (Head-Hunters). The use of recruitment firms when<br />

hiring workforce specializing in a specific area, or experts in core sectors, or executives, is<br />

becoming increasingly popular.<br />

Recruiting factory workers<br />

Recruiting through schools (vocational or technical, or ordinary high school) The most<br />

commonly applicable recruiting practice adopted by the businesses, which receive the<br />

recommendation on eligible students from the vocational or technical high schools at<br />

company’s request.<br />

Recruiting through vocational centers. The companies at times provide some trainees who<br />

have completed a certain training course at vocation centers with a minimal training program<br />

required for jobsite service, before hiring.<br />

Recruiting through personal recommendation. When requiring unskilled workers,<br />

recommendations are received from existing employees, which is expected to shorten the<br />

recruiting process, as well as relatively quick adaptation to the assignment.<br />

32 I 33 <strong>Korea</strong>’s <strong>Auto</strong> <strong>Industry</strong> - <strong>Today</strong> <strong>and</strong> <strong>Tomorrow</strong>

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