Dongbanwi-S&I Corporation Sign Agreement to Eliminate Wage Gap

From the left, Lee Dong-yeol, CEO of S&I Corporation, Kwon Ki-hong, Chairman of the Shared Growth Committee, and Park Jong-gi, CEO of Inchang Construction. Photo by Shared Growth Committee

[Asia Economy Reporter Moon Hyewon] The Win-Win Growth Committee and S&I Corporation announced on the 1st that they signed an agreement to resolve innovation-driven wage gaps together with partner small and medium-sized enterprises (SMEs) at the S&I Corporation headquarters in Gangseo-gu, Seoul.

S&I Corporation plans to operate an innovation-driven win-win cooperation program worth a total of 26.7 billion KRW over the next three years for partner SMEs and their employees to resolve wage gaps by strengthening the technological competitiveness of partner SMEs.

The Win-Win Growth Committee plans to cooperate in creating opportunities for technology and purchasing consultations to ensure that wage gaps between large and small-medium enterprises cooperating with S&I Corporation are resolved and that win-win growth activities are implemented.

Kwon Ki-hong, Chairman of the Win-Win Growth Committee, said, “S&I Corporation is a construction company growing based on stable construction performance, and it is meaningful that it has been selected as a target company for the Win-Win Growth Index evaluation starting this year and has signed the innovation-driven wage gap resolution agreement.” He added, “Through this agreement, I hope S&I Corporation becomes a joint agent of innovation with SMEs and acts as a catalyst for coexistence in the post-COVID-19 era.”

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