Employee Contentment Brings Order to Company President

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Employee Contentment Brings Order to Company President

'Our company president is so well liked he can even be elected chief of the labor union.'
The president of Korea Cosmetics Kim Doo Hwan(58) received a national merit award, on October 7, for hiring and promoting a mixed male and female management composition. October is the designated month for male and female equality.
Kim realized the company was comprised of 55% women out of 800 members and 70% were married, so he had been concerned about equal employment opportunities.
He entered the company in 1965 as a production member and became president in 1993. He introduced an equal wage system between men and women and raised high school degree holders' pay to 80% of college graduates.
Since Kim's inauguration, the company has had no more labor strikes and no layoffs. The company is also expecting 1.5 million dollars in profit this year despite being in the middle of an economic downturn.
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