Employers in South Korea likely to hire more in 2024

Employers in South Korea will be hiring more employees for jobs in 2024, with many looking for people in on-site roles.

More than half the employers in South Korea are looking to hire new employees this year.

This is according to a survey conducted by Job Korea, a job platform, which surveyed 313 corporate human resource managers. Of the respondents, 58.8 % of the organisations intend to hire new employees this year.

Meanwhile, 22% of the organisations have not confirmed their hiring plans, and 19.2 % have reported no plans at all, reported Pulse News.

Among the organisations with hiring plans, around three out of five respondents (61.4 %) have stated that they would hire both entry-level and experienced employees.

The most common job positions for hiring were production and on-site jobs at 20.7 %, followed by domestic sales at 19.6 %, sales management at 18.5 %, marketing at 17.9 %, human resources and accounting at 17.4 %, and research and development at 16.8 %.

READ MORE: Global unemployment to worsen in 2024, says UN

Expectations of this year’s job market are, for nearly half of the respondents (46.6 %) of the surveyed organisations, anticipated it to be similar to the previous year.  More than 30 % of the surveyed, on the other hand, anticipated a worse job market than last year while 20.8 % said it will improve this year.

Share this articles!

More from HRM Asia

Subscribe to Our Newsletter

Stay updated with the latest HR insights and events,
delivered right to your inbox.

Sponsorship Opportunity

Get in touch to find out more about sponsorship and exhibition opportunities.