Home&Shopping Implements 'Salary Rounding Donation System' Through Voluntary Employee Participation

116 Employees Pool Salary Remainders... Company Matches Donations Collected

Kim Ok-chan, CEO of Home&Shopping (right), is holding the plaque for joining the Fruit of Love 'Good Workplace' and posing for a commemorative photo.

[Asia Economy Reporter Kim Cheol-hyun] Home&Shopping (CEO Kim Ok-chan) announced on the 20th that it will implement a 'salary rounding donation system' for socially marginalized groups in the local community. The term "rounding" refers to "the change received after deducting the price of goods" or "the surplus number or quantity beyond a certain amount or quantity."

Home&Shopping plans to share the money collected from employees' monthly salaries rounded to the nearest 1,000 won with neighbors. The idea of practicing neighborly love steadily every month with a small amount resonated, leading 116 employees to participate. The company also decided to donate an amount equal to the total rounded salary collected from participating employees over one year.

The donations collected by employees and the company will be used for socially marginalized groups and those in need of social attention through the Community Chest of Korea. In addition, Home&Shopping has been continuing various social contribution activities such as regular seasonal fruit support for underprivileged children in Seoul, regular delivery of essential goods packages for local children, and regular sponsorship of sanitary pads and basic living necessities for female adolescents. A Home&Shopping official stated, "We will continue to expand social contribution activities that employees can participate in together."

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