Which Company Offers Generous Welfare with Up to 18 Million Won Support for Kindergarten Fees?

HD Hyundai "The Future 50 Years of Competitiveness is People"
Up to 18 Million Won Support for Kindergarten Fees per Child
Opening of Parent-Participated Daycare Centers, Operating Until 10 PM

On the 26th (Monday) at the HD Hyundai 50th Anniversary Vision Declaration Ceremony held at Gyeonggi-do Pangyo GRC, President Jeong Gi-seon emphasized the need for a new corporate culture, stating, "We will create a company where people want to work." Photo by HD Hyundai

[Asia Economy Reporter Jeong Dong-hoon] HD Hyundai, newly launched under a new name, is significantly expanding employee welfare, including providing up to 18 million KRW per person for kindergarten education expenses.

On the 28th, HD Hyundai decided to expand support for employees, including young parents, by increasing kindergarten education expenses for employees' children and operating a parent-participation workplace daycare center, based on the judgment that people are the source of future competitiveness. Additionally, the company will expand flexible working hours and produce and distribute employee family cards.

Jung Ki-sun, President of HD Hyundai, stated at the vision declaration ceremony held on the 26th at the Global R&D Center (GRC) in Pangyo, Gyeonggi Province, "A new corporate culture is necessary to realize the new vision," adding, "We will actively strive to become a company where people truly want to work and can freely pursue their dreams."

HD Hyundai will support kindergarten education expenses for employees' children for three years before entering elementary school, providing 6 million KRW per child annually. Over three years, this amounts to support of up to 18 million KRW. Furthermore, the 'Dream Boat Daycare Center,' which can accommodate up to 300 children, will open in March next year at the GRC in Pangyo, Gyeonggi Province.

The 'Dream Boat Daycare Center' will operate from 7 a.m. to as late as 10 p.m., significantly reducing childcare burdens for employees. Additionally, it will run an infant class starting from 0 years old, relax the legal ratio of children per teacher, and provide specialized education such as having an English teacher on-site for children aged 3 to 5 to conduct English classes.

The Dream Boat Daycare Center will introduce a parent participation program and establish a daycare operation committee composed of parents, teachers, the director, and the company, operating as an open daycare center where parents can freely participate in activities and view their children at any time.

HD Hyundai expects that by supporting kindergarten education expenses and opening new daycare centers, it will reduce employees' childcare burdens and contribute to alleviating the national issue of low birth rates.

Moreover, the flexible working system currently implemented in some affiliates will be expanded to all affiliates, allowing employees who arrive early at the company to freely set their start time in 30-minute increments.

A new 'HD Hyundai Family Card,' with the full annual fee covered by the company, will also be produced and distributed. Co-produced with Hana Card, this card offers a fuel discount of 150 KRW per liter at Hyundai Oilbank gas stations nationwide, 10% points accumulation on subscription services (OTT), Hyundai Premium Outlets, and Haevichi Hotel usage, as well as various discounts and benefits such as free airport lounge access, fostering employees' sense of belonging and supporting leisure and cultural activities.

An HD Hyundai Group official stated, "We will continue to carefully examine what is needed to support employees in balancing work and family life and actively provide support."

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