66 Companies and Organizations Online Expo... 560 New Hires

Ministry of SMEs and Startups & Ministry of Trade, Industry and Energy Jointly Host
Participating Companies' Average Starting Salary 35.07 Million KRW

Source=Ministry of SMEs and Startups

[Asia Economy Reporter Kim Daeseop] The Ministry of SMEs and Startups announced on the 15th that it will hold the '2020 Leading Korea World Class Job Festival' online job fair.

The fair will be held from the 16th to the 25th. It is co-hosted by the Ministry of SMEs and Startups and the Ministry of Trade, Industry and Energy. The two agencies have joined forces to support excellent small and medium-sized enterprises (SMEs) and mid-sized companies struggling to secure talent due to the novel coronavirus disease (COVID-19) and to provide quality employment opportunities to young job seekers.

A total of 66 companies will participate in the fair, including 51 SMEs and mid-sized companies and 15 public institutions. The goal is to recruit about 560 new employees. The Ministry of SMEs and Startups expects high interest and participation from young job seekers, as the average starting annual salary of participating companies is 35.07 million KRW (based on new university graduates), which is at the level of public enterprises.

Due to the increase in demand for non-face-to-face (untact) and digital transformation caused by COVID-19, the recruitment demand of companies in related information and communication technology (IT) and electrical and electronic fields has expanded. Looking at the participating companies by job type, about 250 (62.5%) are for research and development positions, about 100 (25.0%) for sales positions, and about 50 (12.5%) for office positions.

The Ministry of SMEs and Startups plans to support participants to prepare for the recently changed recruitment processes through recruitment briefings in the form of talk concerts, live employment lectures, and untact professional consulting.

Minister of SMEs and Startups Park Young-sun said, "I support our youth to meet world-class small and strong companies at this job fair and become new leaders in the post-COVID era."

Minister of Trade, Industry and Energy Sung Yun-mo stated, "Excellent young talents and outstanding SMEs and mid-sized companies will overcome COVID-19 and become the driving force leading our economy," adding, "I hope that young talents full of passion and enthusiasm will be able to fully realize their dreams and hopes at excellent SMEs and mid-sized companies through this job fair."

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