[Sejong=Asia Economy Reporter Moon Chaeseok] The Korea Labor-Management Development Foundation under the Ministry of Employment and Labor held its 14th anniversary ceremony at 10 a.m. on the 1st, presenting future goals such as coexistence and elimination of discrimination.


After reviewing the foundation's history, the event proceeded online with awards for outstanding employees and congratulatory speeches from the chairpersons of the Korean Confederation of Trade Unions and the Federation of Korean Trade Unions. In his commemorative speech, Jung Hyung-woo, Secretary General of the Foundation, said, "Although there have been many difficulties since my inauguration at the end of April, everyone has worked hard to lay the groundwork for a new beginning," urging, "Let us lead innovative change."


The foundation was established in 2007 based on a tripartite agreement among labor, management, and government. In 2011, it integrated the International Labor Cooperation Center and the Joint Labor-Management Career Transition Support Center to reach its current scale. It has been providing services such as expanding labor-management cooperation, career development for middle-aged workers, and career transition support for 14 years. Last year, it received a grade 2 in the Public Institution Integrity Evaluation by the Anti-Corruption and Civil Rights Commission, showing improvement from grade 4 in 2018.


At the ceremony, the foundation unveiled its new mid-to-long-term management strategy system and 2025 new vision. The five strategic goals in the strategy system are ▲ labor-management coexistence cooperation and elimination of discrimination ▲ establishment of a comprehensive workplace innovation support system ▲ leading comprehensive employment services for middle-aged workers ▲ support for international labor-management cooperation and leading public diplomacy in the labor sector ▲ improvement of foundation operation system and organizational innovation. The new vision is "Together We Grow, Together We Open Tomorrow."



Mid-to-Long-Term Management Strategy System of the Labor-Management Development Foundation. (Source: Labor-Management Development Foundation)

Mid-to-Long-Term Management Strategy System of the Labor-Management Development Foundation. (Source: Labor-Management Development Foundation)

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