YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

South Korean company offers to pay workers $75K for each baby

Posted online

A South Korean company is taking aim at the country's low birth rates.

Seoul-based construction firm Booyoung Group announced it would pay employees $75,000 each time they have a baby. The offer applies to male and female employees.

The company also reportedly will pay nearly $5.3 million to employees who have had 70 babies since 2021.

Read more from CNN Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences