Hugel Receives Minister of Employment Award at the 2022 Korea Job Awards

Active Employment Expansion... Support for Local Job Creation and Employment Stability for Vulnerable Groups
Continuous Growth in Employment Scale Expected with Accelerated Global Market Entry

At the '2022 Korea Job Awards' ceremony held on the 24th at the Plaza Hotel in Sogong-dong, Seoul, Kim Yong-gi, Vice Chairman of the Job Committee (left), and Noh Ji-hye, Executive Director of Hugel, are posing for a commemorative photo.

[Asia Economy Reporter Lee Gwan-joo] Hugel announced on the 25th that it received the Minister of Employment and Labor Award at the '2022 Korea Job Awards' ceremony.

Hugel has actively expanded employment, increasing the total number of employees by 8.7% over the past two years. The number of executives and employees in the Chuncheon area, where the factory and research center are located, nearly doubled from 131 in 2016 to 252 in 2021. In particular, Hugel signed a 'Business Agreement for Workforce Development and Employment Support of Vocational High Schools in the Chuncheon Area' with the Gangwon-do Chuncheon Office of Education and Chuncheon City Hall, contributing to local job creation by providing opportunities for employment-linked field training where students can directly experience Hugel’s excellent production and management sites.

The company is also leading employment for socially independent groups such as youth and people with disabilities. Last year, 58% of the total hires were young people, an 84% increase compared to 2020. Additionally, through the operation of the in-house '休CAFE (Hyuca-fe)', Hugel supported economic independence for people with developmental disabilities through employment, contributing to employment stability for vulnerable groups. The quality of employment is also being improved. For employees hired as non-regular workers such as fixed-term contracts, those with excellent work evaluations are converted to regular employees, resulting in 98% of all workers being hired as regular employees, leading the provision of stable jobs.

Hugel’s employment scale is expected to continue expanding. Following the successful local launch in China last year, the first shipment to Europe in the first quarter of this year and the first European launch by a domestic toxin company are forthcoming. Product approvals in the United States, Canada, and Australia are also anticipated in the second half of this year. As Hugel’s botulinum toxin rapidly grows in the global market, it plans to accelerate market expansion through a new factory capable of producing 8 million vials annually. The new factory located in Chuncheon, Gangwon-do, is scheduled for completion in June this year, with full-scale product mass production starting next year.

Jihun Son, CEO of Hugel, said, “I am very honored to contribute to the Korean job market, which has been contracted due to COVID-19,” and added, “As we continue to grow as a global company, we will expand investment in talent and increase high-quality jobs where all executives and employees can be happy, thereby enhancing corporate competitiveness.”

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