- GRI Indicator
-
The GRI box shows all relevant indicators on this specific page LA1
Strengthening the Securing and Management of Top Talent
Fair Hiring Process
To secure transparency and fairness in the hiring process, Coway hires employees irrespective of their socio-economic background. The hiring process is mainly operated by the departments responsible for on-site work. These departments screen applications to find potentially valuable candidates, even if their talents are not yet refined, as well as select candidates whose qualifications match the values and character traits we look for in our employees.
Unlike other companies that hire based on job categories and decide placement from the interview stage, Coway provides detailed job descriptions and qualifications required at the stage when we announce job openings. This allows applicants to apply for jobs that they believe are suitable for them, and they can do the work they actually want to do.
Hiring Process
Fair Performance Evaluation and Compensation
Talent Committee
Coway operates the Talent Committee to minimize any unfairness in performance evaluation. By having the Human Resources Team participate in performance evaluation, Coway minimizes any partiality or misjudgment that may occur when the most senior manager of the division conducts the evaluation alone. We also prevent any potential discrimination or disadvantage due to maternity leave or change of duty/division.
Compensation for Performance
Coway evaluates its employees’ individual performance and competence, differentiating them from compensation and year-end incentives, and applies a different income increase rate according to the evaluation grade. When employees apply for patents, we compensate them according to the number and level of difficulty. We also run programs for 'Master's and Doctoral Support Programs' to maintain excellent personnel.
