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View of KB Financial Group. (Photo = KB Financial Group) |
[Alpha Biz= Reporter Kim Sangjin] KB Insurance has announced the results of its voluntary retirement program, which was launched for the first time in three years. As of July 31, the company has processed the departure of 115 employees.
The voluntary retirement program, which began accepting applications on July 19, aims to realign the company's workforce with the rapidly changing business environment. This move follows previous programs in 2019 and 2021, which saw 80 and 101 employees retire, respectively.
Eligible employees for this program included those aged 45 and older with at least 10 years of service, as well as those with over 20 years of service. This also included those entering or expected to enter the wage peak system.
The program offers a special severance package of up to 36 months' worth of salary (one-twelfth of the annual salary) and additional support such as living stability funds, job transition assistance, education funds, health check-ups for the employee and their spouse, and the option for reemployment on a contract basis.
Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)
