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[Alpha Biz=(Chicago) Reporter Paul Lee] Since the end of last year, more than 1,800 employees from the five major banks (KB Kookmin, Shinhan, Hana, Woori and NH Nonghyup) have voluntarily left the bank. The number of retirees has decreased slightly from a year ago due to worsening conditions for voluntary retirement at banks, but it is estimated that each hopeful retiree has pocketed an average of KRW 500 million in severance pay.
According to the financial sector on the 5th, a total of 1,496 people packed in the form of voluntary retirement at Kookmin, Shinhan, Woori and Hana Bank alone last month.
Kookmin Bank, Shinhan Bank and Hana Bank retired 674, 234 and 226, respectively. The number of retirees decreased from January last year (713, 388, 279). In the case of Woori Bank, 362 people left the company on the 31st of last month. As of the end of last year, 372 employees retired from NH Nonghyup Bank.
Including Nonghyup Bank, 1,868 employees left the company due to voluntary retirement at the end of the year and the beginning of the year.
The five major banks paid up to 35 to 36 months of severance pay early last year with their desired severance pay, but this year the salary was reduced to up to 31 months.
Although the conditions for voluntary retirement have become worse than usual, retirees are estimated to have collected an average of 500 million won and as much as 1 billion won this year.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
