CJ OnStyle Signs 'Voluntary Agreement to Resolve Polarization' with the Win-Win Growth Committee

Operation of a 79.6 Billion Won Win-Win Program

CJ ENM and the Win-Win Growth Committee logos. (Photo by CJ ENM)

[Asia Economy Reporter Lim Chunhan] CJ OnStyle announced on the 27th that it has signed a 'Polarization Resolution Voluntary Agreement' with the Win-Win Growth Committee and partner small and medium-sized enterprises (SMEs).

Through this agreement, CJ OnStyle will operate a win-win cooperation program worth a total of 79.6 billion KRW over the next three years for partner SMEs and their employees. The main contents include ▲ wages and welfare ▲ support to improve wage payment capacity ▲ financial support for management stability, among others.

CJ OnStyle complies with the three principles of proper payment and implements a subcontract payment adjustment consultation system. If partner companies request adjustments due to changes such as minimum wage or supply costs during the transaction period, CJ OnStyle will promptly review and conduct mutual consultations.

A CJ OnStyle official stated, “We decided to participate in this agreement as we believe it contributes to strengthening the competitiveness of small and medium partner companies and creating a healthy industrial ecosystem,” adding, “We will continue to take the lead in building a culture of mutual growth and practice sustainable win-win management.”

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