Approval of the 'Job Competency Bank System' Saving Job Skills for Employment at the Cabinet Meeting

Government "Expanding On-Demand Hiring Due to Industrial Restructuring... Customized Measures"

[Image source=Yonhap News]

[Sejong=Asia Economy Reporter Moon Chaeseok] The 'Job Competency Bank System,' which allows individuals to store their acquired job competency information and retrieve it at critical moments such as employment or promotion, is expected to be implemented.

The government announced on the 11th that it approved the amendment to the 'Worker Vocational Competency Development Act' to implement the Job Competency Bank System at the Cabinet meeting. The bill is scheduled to be submitted to the National Assembly within this month and will be enforced six months after the National Assembly's approval.

First, a system to integrate and manage individual job competency information has been established. The system plans to include information such as national technical qualifications, work-study dual system qualifications, and vocational education and training data.

Individuals will be issued certificates that store job competency information acquired through vocational training, which can be used for employment, personnel placement, and self-development. This will enable job seekers to easily submit their job competencies when applying for jobs, and encourage companies to make personnel placements based on job competencies.

As companies increasingly prefer job-centered recruitment due to digital and eco-friendly industrial restructuring, the government expects the Job Competency Bank System to be effectively utilized in the workplace. A government official stated, "We plan to operate the Job Competency Bank System as a useful system that allows individuals' job competencies to be specifically verified in the labor market."

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