Jung Eun-seong, CEO of Everyoung Korea, is being interviewed by Asia Economy on the 27th. / Photo by Moon Ho-nam munonam@
[Asia Economy Reporter Heo Midam] At the headquarters of 'EverYoung Korea,' located on the 6th floor of a newly constructed building in Sinmunno 2-ga, Jongno-gu, Seoul, it is not difficult to encounter employees with white hair. Whether sitting in front of computers working or pouring coffee into paper cups to shake off fatigue, all of them are elderly with white hair. Inside the meeting room labeled 'Equality,' elderly employees engage in heated discussions, and in the training room labeled 'Development,' elderly employees can be seen diligently learning tasks through computers. Apart from their white hair, the scene is no different from any other company.
EverYoung Korea is a senior-specialized IT company founded in 2013 by CEO Jeong Eunseong (61). Currently, the company employs about 320 people. The main task for senior staff is monitoring, which involves directly filtering and handling inappropriate posts on Naver cafes and blogs. Working hours are 4 hours a day, 20 hours a week, shorter than typical companies, but otherwise similar to regular office workers. The oldest employee currently is a male born in 1947 (75 years old), who joined in August 2014 and has been with the company for over 8 years. This employee also sits in front of a monitor performing the same tasks.
Although young employees can occasionally be seen in the office now, there were no young employees at the company's inception. The average age of EverYoung Korea’s employees is in their 60s, and the retirement age is 100. CEO Jeong set an age limit of '55 and older' during the hiring process to utilize senior personnel, and in 2015, the company was selected as one of the 'Top 100 Excellent Employment Creation Companies' hosted by the Ministry of Employment and Labor. However, after the company was somewhat established, the age restriction was removed. CEO Jeong said, “This company was created to eliminate age discrimination, not to favor the senior generation. At the beginning, there were not many companies hiring seniors, so we set the restriction. Although there are young employees now, their number is still small.”
Dreaming of a society without age, educational, or gender discrimination, CEO Jeong set three core corporate values: equality, development, and sharing. Under the principle of equality, he did not establish a separate CEO office. He uses the same work desk and nameplate as other employees, and his seat is right next to the office entrance. CEO Jeong said, “Isn’t it said that the closer to the door, the lower the rank? An equal relationship between the company and employees is important.”
To join EverYoung Korea, applicants must pass document screening, practical tests, and interviews. Although not a simple process, the competition rate is quite high, sometimes reaching 50 to 1. CEO Jeong said, “Many seniors want to balance work and life. Senior employees spend their time after work on hobbies, religious activities, or their own personal time, balancing work and personal life.”
As a result, employee satisfaction is said to be over 80%. Hwang Myeongho, head of EverYoung Korea’s Brand Design Team (65), said, “Young people may quit immediately if the conditions are not satisfactory, but seniors need to feel satisfied with the work itself beyond the salary. Since the work involves creating a clean internet environment, many take pride in it.”
Below is a Q&A session.
What motivated you to start a social enterprise?
Specifically, what kinds of discrimination are there?
When you decided to establish a social enterprise, you must have faced considerable opposition.
There seems to be a gap between the words IT and senior.
What are the most common tasks employees currently perform?
The tasks seem not easy for senior employees.
How is the satisfaction level of senior employees?
Please explain the company club activities in detail.
What is your ultimate goal?
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