Over 130 Small Business CEOs and Employees Attend
Author of 'Fair Compensation' Delivers Lecture
The Korea Federation of Small and Medium Business (KBIZ) announced on the 17th that it held the first 'KBIZ Cultural Management Forum' of the year at the KBIZ headquarters in Yeouido, Seoul.
On the 17th, attendees are taking a commemorative photo at the 'KBIZ Cultural Management Forum' held at the Korea Federation of Small and Medium Business in Yeouido, Seoul. [Photo by Korea Federation of Small and Medium Business]
The KBIZ Cultural Management Forum is conducted to support the establishment of a network within the small and medium business community by sharing key issues and trends in culture and management environments. About 130 people attended the lecture, including representatives of small and medium enterprises by industry, small business owners, and employees of small and medium enterprises.
At this forum, Professor Shin Jae-yong of Seoul National University's Department of Business Administration, author of Fair Compensation, gave a lecture titled "Response Strategies of Established Generation CEOs to the MZ Generation." The content included an introduction to company-specific evaluation and compensation systems and related case studies. Along with this, he presented the future direction that corporate evaluation and compensation systems should take, eliciting empathy from first- and second-generation CEOs of small and medium enterprises.
Professor Shin said, "The MZ generation's demand for fair compensation is not a temporary phenomenon but a massive trend," adding, "For smooth communication between the MZ generation and small and medium enterprise CEOs, companies and the MZ generation must align their perspectives through the establishment of transparent evaluation and compensation systems."
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