Posted : 2017-10-29 09:13
Updated : 2017-10-29 17:59

POSCO sets model in corporate culture

POSCO employees communicate with each other, while simulating production with LEGO, during the company's two-day Talk Talk Camp at POSCO Group University in Pohang, North Gyeongsang Province, in this May 19 photo. / Courtesy of POSCO

POSCO has fostered a family-friendly corporate culture over the past 49 years.

The nation's top steelmaker has offered houses to its employees from the early stages of the company, in line with the management philosophy of the late founder Park Tae-joon.

It launched a labor-management council in 1997, so as to solve employees' problems.

This year, POSCO held a two-day Talk Talk Camp to bridge the generation gap between employees.

Participants were able to understand each other, by making model steel mills with LEGO, doing role-playing and attending special lectures.

They realized importance of communication for a better company performance.

POSCO is also encouraging childbirth with various support systems for its employees, including treatment for infertility, a childbirth bonus, flexible working hours and a daycare center.

Workers can receive up to five days off a year for infertility treatment.

The steelmaker gives a 1 million won ($887) childbirth bonus for the first child and 5 million won for the next.

It has allowed flexible working hours since July this year for employees having children.

The POSCO Center in Seoul accommodates family-friendly amenities, such as a daycare center and an art museum.

The company established counseling rooms at its steel mills and head office for the mental health of its employees.

POSCO was awarded by the Ministry of Gender Equality and Family for family-friendly management in 2012.

It was also named among the best companies for workers in 2014.


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