HiteJinro Accepts Voluntary Retirement Applications from Employees with Over 15 Years of Service
[Asia Economy Reporter Moon Hyewon] Hite Jinro announced on the 2nd that it is accepting voluntary retirement applications from employees with more than 15 years of service until the end of this month.
As severance pay, employees with more than 15 years of service will receive 34 months' worth of ordinary wages, and those with more than 20 years of service will receive 40 months' worth.
Previously, Hite Jinro also implemented voluntary retirement in 2020.
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A Hite Jinro official said, "We plan to support compensation for the contributions and dedication to the company's development and growth, and prepare for the future through new hiring."
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