Coupang "If 3,000 Day Laborers Convert to Regular Employees, They Will Receive Stocks"

Extension of Regular Employee Conversion Incentive Policy
"Encouraging Employees, Sharing Growth Benefits"
"Early Closure Possible Depending on Hiring Status"

[Asia Economy Reporter Kim Bo-kyung] Coupang announced on the 17th that it will grant free shares to daily workers who are converted to regular employees.

In a press release on the same day, Coupang stated, "The stock grant worth 100 billion KRW for on-site workers includes not only regular on-site workers but also daily workers who are converted to regular employees."

It added, "We decided to provide free shares to all on-site workers to encourage employees who played a pivotal role in growth and to share the fruits of growth."

The stock grant for daily workers applies to those who convert to regular employees by March 5. The target number is approximately 3,000 people. The scale of conversion varies by logistics center, and it may close early depending on hiring status, Coupang said.

Meanwhile, Coupang has continuously offered daily workers the opportunity to convert to regular employment. The policy to induce conversion through this stock grant also stems from the intention to provide workers with stable working conditions.

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