the reason why divisions in financial firms are strictly divided.
In compensation policy, most firms offer both stable wages and incentives to their workers. Compared with foreign financial firms, Korean firms tend to treat their workers in terms of egalitarianism. It’s based on the Korean culture which emphasize on harmony and collectivism. However, their compensation system st
the potential harm to others arising from interconnectivity and interdependency.
Responsibility: all participants, including policymakers and program designers, are responsible for the security of information systems and networks.
Response: Participants should act in a timely and cooperative manner to prevent, detect and respond to security incidents. Where permissible, this may involve cro
2. Private management about pension assets(AFP)
AFP is private company established for management ICA and property investments. Subscribers can choose AFP freely and move to other AFP accounts. AFP is fully restricted by SAFP(Superintendency of Pension Administrators).
The main character of AFP is shown as follows.
- AFP is restricted by SAFP
- AFP can only manage pension assets.
the-job training of small businesses, and supports outplacement or foundation. Moreover, if the small businesses have not enough labor force, these companies can get aged labors easily. Actually, this program was not have perfect system, but will go into effect soon with complete system. The qualification for this program is that people should be unemployment condition and register theemployment
employment of simple function manpower was prohibited but technical types of occupation that a foreign workforce import policy of our country cannot substitute to natives was permitted. Forbidden employment domestic of simple function manpower was adhered till a policy training employment system comes into being, and It was withdrawn officially after the passage of bill 'approval of employment.