LG Uplus "Providing the Same Benefits to Single Employees as Married Employees"
'Basic Salary 100%, 5 Days Paid Leave'
[Asia Economy Reporter Lim Hye-seon] LG Uplus will provide the same welfare benefits to employees who declare non-marriage starting next year as those given to married employees. The intention is to avoid discrimination against married individuals.
On the 23rd, LG Uplus announced on the company bulletin board that it will establish a non-marriage support fund system. From January 1st next year, employees who declare non-marriage will receive 5 days of special paid leave equivalent to 100% of their base salary. This is the same benefit as married employees.
The non-marriage support fund applies to employees with more than 5 years of continuous service and aged 38 or older. Employees must register their non-marriage declaration on the company’s congratulatory and condolence board and apply to receive the support fund. However, if the employee does not complete a mandatory 2-year service period after declaring non-marriage, the support fund must be repaid. Additionally, if the employee marries after receiving the support fund, duplicate benefits will not be provided.
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LG Uplus is the first among the top 5 domestic conglomerates to establish a 'non-marriage support fund system.' LG Uplus explained, "We introduced this system to respect the values of our members and to ensure that benefits are not differentiated."
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