Real Reality
Joined: 10 Jan 2003 Location: Seoul
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Posted: Fri Sep 10, 2004 7:18 pm Post subject: Annual Salaries of 76 Million Won No Work Contracts |
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The Korea National Housing Corporation has been rehiring its retired class 1 and class 2 employees as research fellows at an affiliated research institute, and paying them annual salaries at an average of 76 million won per person without requiring them to perform any particular work. Although these "research fellows" have technically been employed on a contractual basis, their contracts are guaranteed until they are 58 years of age. The Korea National Housing Corporation has been paying these employees annual salaries of 76 million won on average; this amount closely approaches their salaries prior to retirement, which averaged 80 million won.
Donga.com
September 10, 2004
http://english.donga.com/srv/service.php3?biid=2004091165028 |
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