POSCO Selected as the Best Institution for SME Education for Two Consecutive Years

[Asia Economy Reporter Hwang Yoon-joo] POSCO has been selected as the best institution for two consecutive years in the '2019 Small and Medium Enterprise Consortium Education Project Evaluation' hosted by the Ministry of Employment and Labor.

The consortium education project is a government-supported education program that provides quality educational opportunities to employees of small and medium enterprises (SMEs) by utilizing the excellent educational infrastructure of large corporations. Since 2019, the Ministry of Employment and Labor has held an awards ceremony for the best institutions to encourage participating organizations and share best practices.

Last year, POSCO provided training on maintenance technologies such as hydraulic control and electric welding, as well as education on innovation, safety, quality, and organizational capabilities to 45,605 executives and employees of 307 partner companies and SMEs, supporting SMEs with insufficient educational infrastructure to strengthen their human competitiveness.

Additionally, POSCO conducted employment support education focusing on personality and technical skills for 207 young job seekers and helped 166 of them secure employment at partner companies and SMEs. This achievement was recognized as a major success, earning POSCO the highest rating among 139 domestic educational institutions.

The Ministry of Employment and Labor annually evaluates the performance of national human resource development consortium educational institutions by comprehensively assessing curriculum development, training achievements, the expertise of dedicated personnel, and educational satisfaction.

The awards ceremony was held on the 16th at The M Convention in Ulsan, attended by 22 institutions that received the highest rating. Among these 22 institutions, 12 were companies including POSCO, LG Electronics, Hyundai Rotem, and Samsung SDI.

Kim Soon-gi, Executive Director of the Labor Cooperation Office, who represented POSCO at the ceremony, stated, "Thanks to the great interest and cooperation of related organizations and partner companies, we have achieved excellent results. We will continue to contribute to mutual growth with SMEs through the development and support of customized programs for small partner companies and practice POSCO's 'Corporate Citizenship' management philosophy."

Meanwhile, the staff of the POSCO SME Consortium Office decided to donate the entire 40 million KRW incentive received for being selected as the best institution to the 'POSCO 1% Sharing Foundation.'

Since introducing the consortium education project in 2005, POSCO has signed agreements with 450 companies and trained over 600,000 employees, playing a leading role in nurturing talent for SMEs.

This year, POSCO plans to further expand specialized customized education to enhance the job competencies of employees at partner companies and SMEs. To this end, POSCO is working with professional vocational education consulting institutions to conduct job analysis, design training roadmaps, and develop curricula for each partner company. From August onwards, newly developed customized courses focusing on technical jobs will be operated.

Furthermore, POSCO will continue to provide employment support education for young job seekers. It plans to train 200 individuals annually, similar to last year, and connect them with employment at partner companies and SMEs. This year, in collaboration with its group company POSCO Chemical, POSCO has newly established a program to train furnace builders who install refractory materials inside blast furnaces. POSCO aims to actively participate in the government’s youth job creation policy by supporting partner companies and SMEs that face difficulties in securing excellent talent.

This content was produced with the assistance of AI translation services.