Yanolja Receives Minister of Employment Award at '2021 Woori Stock Ownership Awards'
[Asia Economy Reporter Donghyun Choi] Global leisure platform Yanolja announced on the 17th that it received the Minister of Employment and Labor Award at the '2021 Employee Stock Ownership Award.'
Co-hosted by the Ministry of Employment and Labor and Korea Securities Finance, the Employee Stock Ownership Award has been held since 2006 to discover and promote companies that have contributed to labor-management cooperation and productivity improvement. In particular, by introducing companies that excel in utilizing the employee stock ownership system, it presents new models of corporate welfare and labor-management cooperation.
Yanolja was honored as a model company pursuing mutual growth between the company and its members through the employee stock ownership system called the 'Royalty Program.' Since establishing the employee stock ownership association in July 2020, the company has granted shares free of charge three times to enhance employees' sense of belonging and share the company's vision. Going forward, Yanolja plans to strengthen long-term rewards for employees contributing to the company's growth and invest more in talent.
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Lee Seung-yeop, Head of the People Partner Office at Yanolja, said, "We are pleased that the significance of the Royalty Program, which pursues mutual growth between the company and its members, has been recognized through this award," adding, "We plan to enhance global competitiveness by introducing systems that meet global standards and actively investing in outstanding talent."
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