KB Securities Implements Voluntary Retirement... Second Time After Merger

[Asia Economy Reporter Oh Ju-yeon] KB Securities is conducting voluntary retirement this year. It is the second time since the merger.

According to KB Securities on the 7th, voluntary retirement applications are being accepted until the 11th from regular employees born on or before December 31, 1978. It is known that severance pay of up to 34 months of average monthly salary will be paid.

This is according to last year's wage system integration plan.

At the end of December last year, KB Securities passed the wage integration plan through labor-management agreement. KB Securities, launched in January 2017 through the merger of Hyundai Securities and KB Investment & Securities, included raising wages for some employees from KB Investment & Securities and providing consolation money to employees from Hyundai Securities in the wage integration plan.

This voluntary retirement is the second since the launch of KB Securities. KB Securities also conducted voluntary retirement once in 2018.

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