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Companies Adjust Employee Benefits to Singles
°ü¸®ÀÚ 2023-01-11 ¿ÀÈÄ 5:41:38 13550

 

Companies Adjust Employee Benefits to Singles



Businesses are offering more benefits tailored to the growing number of singles in their employ, from pet-care support to wedding money if they remain unmarried after a certain age. Since September 2021, Lotte Department Store has offered single workers over 40 the same one-off bonus that other staff receive when they get married -- a congratulatory payment and five days off. Instead of a bouquet they get a houseplant.

The snag is that once they have claimed the payment, they cannot change their minds and claim it again if they decide to marry after all. LG Uplus will be following suit, offering one month's pay and paid leave to single employees over 38 starting next year. "There has been a growing awareness among workers that remaining single should be viewed as a lifestyle choice just like getting married," a staffer said.

The Koran branch of British cosmetics retailer Lush has offered 10 days' leave and congratulatory money since 2017 to staff to choose to remain single. Over the last five years, 15 have taken it up on the offer. It also offers a W50,000 allowance a month to pet owners to reflect the fact that they often regard their animal companions as family (US$1=W1,328). Married employees, after all, get allowances for their children. A growing number of companies take similar approaches after single employees complained about unfair treatment.

Shinhan Bank has been giving the W100,000 a year for married staff on their wedding anniversary to singles as well. Also, the allowance for the annual medical checkup of a spouse has been changed to any individual the staffer wishes to appoint, be it a friend or a partner of the same sex. Woori Bank and KB Kookmin Bank, which also pay for the annual health checkup of a spouse, began offering it for one parent instead if the worker is single.

Questions:
1. How greatly necessary is it for Korean businesses to focus on the growing number of single employees nowadays?
2. Illustrate how Lotte Department Store and LG Uplus have lured and rewarded the unmarried.
3. How has Shinhan Bank improved its incentive system after earlier complaints about unfairness?
4. Personally speaking, how do you find the companies' privileges given to married or single employees?
5. Why do you think many companies focus on unwed workers?

Vocabulary:

1. snag - an unforeseen obstacle    


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