Startup Class101, Abolition of the Comprehensive Wage System

[Asia Economy Reporter Kim Cheol-hyun] Online class platform Class101 (CEO Ko Ji-yeon) announced on the 1st that it has abolished the comprehensive wage system. The company explained that the comprehensive wage system was eliminated to establish a healthy and passionate organizational culture that rewards employees based on the amount of work done.

The comprehensive wage system is a system that includes allowances for overtime, holiday, and night work in the salary and pays them in a lump sum. By abolishing the comprehensive wage system, employees can receive fair compensation for overtime work, and in the long term, it is expected to increase job satisfaction and efficiency, leading to the establishment of the 52-hour workweek system.

Class101 is implementing various welfare policies such as flexible working hours, company housing support, transportation expenses for fieldwork and night shifts, free course enrollment, unlimited support for book purchases, unlimited issuance of coupons for acquaintances, and psychological counseling support to create an organizational culture where members can focus more on their work. Kim Dong-hyun, People Team Lead at Class101, said, "We will continue to strive so that the members, who are the energy and driving force behind Class101, can passionately immerse themselves in their work, love what they do, and grow together with the company."

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