South Korea’s youth exodus challenges corporate culture



Analysis South Korea’s youth exodus challenges corporate culture As young employees leave in droves, companies seek new strategies to retain emerging talent Kim Yeon-joongMarch 4, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON An illustration of young corporate workers in an office setting \| Image: Korea Pro The burgeoning trend of high turnover rates among South Korean millennials and Generation Z (MZ) poses critical risks to corporate sustainability and economic growth. Corporations face escalating costs and operational disruptions as a significant portion of young employees resign, challenging these entities to adapt swiftly to retain young talent. The burgeoning trend of high turnover rates among South Korean millennials and Generation Z (MZ) poses critical risks to corporate sustainability and economic growth. Corporations face escalating costs and operational disruptions as a significant portion of young employees resign, challenging these entities to adapt swiftly to retain young talent. Get 30 days of free access to KoreaPro Full access to all analysis The KOREA PRO newsletter, every business day Daily analysis on the top story of the day The ability to suggest topics for coverage by our specialist team Be smart about South Korea Get full access to expert analysis and opinion. Start now No charges during your trial. Cancel anytime. A paid subscription will start after 30 days. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Briefing Start your day with the South Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily Briefing. LATEST ANALYSIS 01South Korea’s women-only universities weigh co-education as enrollments decline 02South Korea targets semiconductor self-reliance for national defense 03Employment for married South Korean women hits record but Devil is in details 04Trump’s return forces South Korea’s defense industry to adapt to new realities 05Lee Jae-myung verdict disrupts South Korea’s opposition party and 2027 election 06South Korea grapples with how to stymie crypto-fueled drug trade 07Science vs. Humanities: Why South Korean students switch their academic tracks 08How pro-Russian hackers took down South Korea websites over support for Ukraine 09South Korea’s Ukraine observer mission sparks debate about military deployment 10South Korea faces tough choices due to Trump’s hardline stance on China

Analysis

South Korea’s youth exodus challenges corporate culture

As young employees leave in droves, companies seek new strategies to retain emerging talent

Kim Yeon-joongMarch 4, 2024

South Korea’s youth exodus challenges corporate culture

An illustration of young corporate workers in an office setting | Image: Korea Pro

The burgeoning trend of high turnover rates among South Korean millennials and Generation Z (MZ) poses critical risks to corporate sustainability and economic growth.

Corporations face escalating costs and operational disruptions as a significant portion of young employees resign, challenging these entities to adapt swiftly to retain young talent.

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South Korea’s youth exodus challenges corporate culture

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Kim Yeon-joong

South Korea’s youth exodus challenges corporate culture

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