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Personnel System

Global Excellence

The personnel system of Hyosung Pursuing global excellence

Performance
Management Cycle

Performance-based rewards->Goal setting->Evaluation(Work Attitude Evaluation, Performance Evaluation)->Coaching & feedback->Performance-based rewards repeat Performance-based rewards->Goal setting->Evaluation(Work Attitude Evaluation, Performance Evaluation)->Coaching & feedback->Performance-based rewards repeat

Evaluation System

  • Performance Evaluation

    By outlining clear goals and growth directions through the mission of the organization and business activities and through distinct rewards and promotions, we encourage employees to achieve goals on their own volition.

  • Work Attitude Evaluation

    We evaluate employees’ working attitudes based on detailed assessment criteria for each item. Multi-faceted evaluations by peer team members are conducted to supplement the objectivity of evaluations and feedback is provided through assessment reports analyzing strengths and areas for improvement.

Promotion System

  • Aiming for fair
    promotions

    Comprehensive evaluations of suitability for promotion to higher positions are made by assessing whether performance that meets the criteria for promotion to higher ranks has been achieved and whether or not the necessary capabilities are possessed based on personnel evaluation results.

Rewards System

  • Top Rewards for
    Top Performance

    We operate a reward system that is correlated with both organizational and individual performance in order to achieve a performance-oriented work culture.

  • Competitive
    Rewards

    We ensure market competitiveness in compensation in order to attract and retain top talent.

Compensation Structure

  • Base salary

    • The most crucial aspect of salary
    • Differential compensation based on individual performance in a personnel evaluation

  • Bonuses

    • Additional compensation for positions and qualifications

  • Performance pay

    • Maximized performance in relation to performance unit evaluations
    • Differential pay based on performance relative to the organization's objectives set at the start of the year

Welfare

Work and life balance

  • Flexible Working Hours
    • Hyosung Chemical complies with the legal 52-hour workweek and operates a selective and flexible working hours scheme to increase work productivity.
    • Through flexible working hours, employees can adjust their working hours according to their workload, enabling flexible and efficient use of work hours.

  • Designated Days Off Scheme
    • Hyosung Chemical designates workdays that fall between holidays and weekends as company holidays, allowing for extended long vacations.

  • Refresh Leaves Scheme
    • We actively encourage refresh leaves, allowing employees to combine public holidays and personal annual leaves to enjoy extended breaks.

  • Celebratory Allowances and Compassionate Leave
    • Employees are granted celebratory allowances and compassionate leave for themselves or their family members’ marriage, funeral and other important life events.

  • Anniversary Gifts
    • Employees receive gifts on their birthdays and the birthdays of one person designated by the employee.
    • Company anniversary day is a day off and all employees receive company anniversary gifts.

  • Long Service Recognition
    • Every year, employees who have served for 10, 20 or 30 years are given long service rewards and leave as a gesture of gratitude.

  • Maternity Protection Scheme
    • A system for maternity leave, childbirth leave for the employee or their spouse and childcare leave is stipulated in the rules and actively encouraged among employees.
    • Night and holiday work for pregnant employees is strictly limited and reduced working hours during pregnancy are implemented.

  • In-house Childcare Center
    • Hyosung Chemical runs an in-house childcare center at its Mapo headquarters to alleviate the childcare burden on employees and support a balanced work-life.
    • High-quality childcare is provided through expert outsourced teachers, allowing employees to focus on work with peace of mind.

  • Child Education Support
    • Hyosung Chemical fully supports admission and tuition fees for children who enter or are enrolled in regular domestic and international high schools and four-year universities/colleges.

  • Health Checkups and Group Accident Insurance
    • Hyosung Chemical conducts comprehensive health checkups for all employees for health management purposes and employees aged 40 and over are offered comprehensive checkups for themselves and their spouses.
    • To prepare for employee illnesses or injuries, the company provides group accident insurance, allowing employees to choose coverage for themselves, including actual medical expenses, daily hospitalization allowances and dental treatments.

  • Leisure Activity Support
    • Various in-house clubs such as tennis and basketball are operated and the company provides activity support funds to employees.
    • To promote family-friendly policy, the company supports resorts nationwide that employees and their families can use.

  • Retiree Support System
    • For employees approaching retirement age, career planning education and reemployment support systems are in place to help them prepare for their second phase of life.

  • Family-Friendly Policy
    • Hyosung Chemical has obtained certification as a family-friendly company awarded by the Ministry of Gender Equality and Family, through active family-friendly management practices such as flexible working hours, childcare support systems and other family-friendly programs.

Expansion of organizational culture activities

  • Support for team organizational activities (HOT : Hyosung One Team)
    • Providing opportunities for newly appointed team leaders to quickly organize and communicate with their teams through education linked with new team leader training.
    • Working together to reflect on the team's progress and identify potential issues, and finding solutions to make positive changes and create synergies.

  • Proud Member of Hyosung Awards
    • Proud Member of Hyosung Awards granted quarterly and annually to employees who worked hard for the company’s accomplishments and development in four sectors: marketing, technology, research, and support.
    • Recognition and encouragement for employees’ efforts by expanding rewards to include not just quantitative achievements but also qualitative contributions and giving motivations to reach management goals and create outcomes.

  • Conversations with the management
    • The CEO directly explains the company's key performance, issues, management policies, etc. to all employees.
    • Activating overall communication through question-and-answer sessions between the CEO and employees.

Enhancement of communication

  • A two-way communication channel between the company and employees
    • Operation of Tongtong Board (anonymous board) and Waggle Waggle (pen-name-based board) on the intranet where employees can share work-related information and company news and exchange opinions.
    • Feedback from the company and active communication for all suggestions and proposals posted anonymously on Tongtong Board by employees.

  • Communicator system
    • At domestic and overseas performance units (PU) and business locations, one or more employees are selected as communicators.
    • Training on the importance and roles of organizational communication.
    • Promotion of news of each business unit within the company.

  • HR consultation center
    • Feedback is given on problems related to work, human resources, and relationships, including sexual harassment, embezzlement, and solicitation for employment, received through the whistleblower protection system by an interview with the HR executive, and details of the interview are kept under strict security.
    • Contributing to lowering the turnover rate and increasing employee satisfaction by counseling on problems or giving opportunities to internal job transfers.

  • Communication between labor and management
    • A labor union is organized within the company.
    • At each workplace, the company shares its management status with on-site workers through regular management briefings and meetings with different levels of employees.
    • Establishment of labor-management council by business site.
    • Establishment of Labor-Management Council by business site, appointment of grievance handling committee members among Labor-Management Council members, holding regular quarterly meetings, and immediate review and overall management of grievances received.

Hyosung Chemical
Recruitment

Hyosung Chemical’s recruitment process takes place through the Hyosung Group’s recruitment site, offering transparent and fair job opportunities. We are operating employment preferential policies for national merit awardees, disabled individuals, and socially vulnerable groups.

Recruitment Site