In a significant step to demonstrate its strong commitment to creating job opportunities for young people and vulnerable groups in society, LS Electric was honored with the grand prize at the “Newsis Employment Award” 7th edition. The award ceremony took place at the Lotte Hotel Seoul, Sogong-dong, Seoul, on March 19. This recognition not only acknowledges LS Electric’s ongoing efforts to create sustainable employment but also highlights the company’s commitment to community development and fairness in recruitment. LS Electric employment
Announcement of Increased Recruitment for Young People
At the event, LS Electric’s Chief Human Resources and Global Support Officer, Mr. Choi Kyu-tae, announced that LS Electric will continue to increase recruitment of young people by at least 3% each year, aiming to provide job opportunities for fresh graduates. Amidst many large corporations in South Korea shrinking or halting their public recruitment programs in favor of position-based hiring, LS Electric maintains its commitment to traditional recruitment methods, thereby opening doors for young people to join a promising work environment.
Recruitment Efforts Amidst Economic Challenges
Despite the challenging economic conditions in 2023, LS Electric successfully hired 366 young people, a 16% increase compared to the previous year. This achievement is remarkable as many companies are facing slowdowns in their recruitment processes. These efforts have earned the company the Grand Prize from the Minister of Labor and Employment, further cementing LS Electric’s role as a pioneer in supporting young people and vulnerable groups in society.
LS Electric’s Commitment to Creating Sustainable Jobs
During his speech, Mr. Choi Kyu-tae mentioned that LS Electric’s Chairman, Mr. Koo Ja-kyun, has always shown a special interest in job creation for young people and vulnerable groups, regardless of age or gender. He emphasized that this award is a testament to the company’s relentless efforts in creating job opportunities for those who need them the most in society. Chairman Koo Ja-kyun stressed that LS Electric will continue to expand its recruitment programs, especially in the context of the global economic challenges. LS Electric employment
Creating Jobs for Vulnerable Groups
In addition to recruiting young people, LS Electric is also focused on providing employment opportunities for vulnerable groups in society, including people with disabilities and workers over the age of 55. The number of people with disabilities and older workers hired by the company has steadily increased over the years. Specifically, in the 2021-2022 period, the company recruited 41 individuals from these groups, and this number has increased to 81 individuals in the 2023-2024 period.
Moreover, LS Electric has supported disabled artists through the creation of the “Green Voice” choir. These artists are not only given the opportunity to develop but also supported in organizing performances at prestigious venues such as Carnegie Hall in New York. This is one of LS Electric’s special initiatives to not only assist but also uplift the mental well-being of vulnerable groups in society. LS Electric employment
Recruiting Special Employees
In addition to the aforementioned initiatives, LS Electric also hires blind massage therapists to provide health care for its research and development team, showing its focus on special labor groups in society. This effort helps people with visual impairments gain employment while also contributing to the health and productivity of the company’s R&D team.
LS Electric Recruits Other Labor Forces
In its ongoing efforts to leverage the full potential of the labor force from all segments of society, LS Electric has announced that it will prioritize the recruitment of military veterans this year, with plans to expand management positions at construction sites. The company is also actively collaborating with localities such as Cheongju, Cheonan, Busan, and Ulsan to promote job creation in these areas. Mr. Choi Kyu-tae emphasized that LS Electric is fully aware that addressing employment issues is a national task and is committed to doing its part to create quality jobs for everyone. LS Electric employment
Long-Term Commitment to LS Electric employment
LS Electric employment views job creation as not only a responsibility but also one of the company’s core commitments to sustainable development. Through its ongoing recruitment efforts, the company is not only fulfilling its staffing needs for its projects but also contributing to the growth of the community by providing stable jobs for various groups, from young people to people with disabilities and older workers. LS Electric employment
Creating Sustainable Job Opportunities
By maintaining its traditional recruitment methods and continuously expanding employment opportunities, LS Electric has proven its role not only as a leading producer of electrical and automation equipment but also as a partner in solving major social and economic challenges in South Korea. At a time when many large corporations are cutting back or shifting to less public recruitment methods, LS Electric remains steadfast in its commitment to creating sustainable job opportunities that have a positive social impact.LS Electric employment
Conclusion
The award that LS Electric received at the “Newsis Employment Award” 7th edition serves as a testament to the company’s ongoing efforts in creating jobs and driving community development. The company’s commitment goes beyond business interests; it places social responsibility at the forefront, creating opportunities for vulnerable groups in society and contributing to the sustainable development of the economy. With concrete steps and strong commitment from its leadership, LS Electric continues to reaffirm its role as a pioneer in providing quality job opportunities and helping build a fairer, more prosperous society. LS Electric employment
Reporter: Lee In-jun (ijoinon@newsis.com)
