Kyobo Life Insurance announced on the 27th that it has once again been recognized as an excellent company that exemplarily practices a corporate culture balancing work and family life.
On the 25th, Kyobo Life Insurance participated as a family-friendly excellent company in the Work-Family Balance Excellent Companies Performance Sharing Meeting held at the Korea Federation of SMEs in Yeongdeungpo-gu, Seoul, hosted by the Low Fertility and Aging Society Committee.
This performance sharing meeting was organized to spread a family-friendly corporate culture to address the issues of low fertility and aging. About 150 people attended, including President Yoon Seok-yeol, chairman of the Low Fertility and Aging Society Committee, as well as representatives from the National Assembly, government, and business sectors.
Kyobo Life Insurance was selected as an exemplary company in the financial sector and shared its accumulated know-how in operating various family-friendly systems and the experiences of its employees. In particular, it was recognized for excellent achievements in various areas such as pregnancy and childbirth support systems, utilization and satisfaction of family-friendly systems, and expansion of work-family balance support systems.
Since receiving the family-friendly excellent company certification for the first time in the financial industry in 2008, Kyobo Life Insurance has maintained this certification to the present. The family-friendly certification is a system granted by the Ministry of Gender Equality and Family to companies that foster a family-friendly culture, including support for pregnancy, childbirth, child-rearing, and flexible working hours. In 2022, Kyobo Life Insurance maintained the family-friendly certification for 15 consecutive years and was selected as the Ministry’s ‘No. 1 Top Family-Friendly Company.’
Based on the corporate philosophy of ‘Respect for Life,’ Kyobo Life Insurance has built a family-friendly corporate culture early on. It operates various systems to help employees find balance between work and family, including encouraging maternity and parental leave, reducing working hours during pregnancy, spouse’s paternity leave, fetal examination and infertility treatment leave, flexible working hours, family care leave and sabbaticals, and childcare allowance payments. For pregnant female employees, the company operates a system that reduces working hours throughout the entire pregnancy period regardless of the pregnancy week, providing ample time to prepare for a healthy pregnancy and childbirth.
Employees with preschool children receive a monthly childcare allowance, and elementary school children are supported with books through a book curation system. For middle, high school, and university students, the company provides tuition subsidies, supporting the entire process from birth to university graduation.
Kyobo Life Insurance developed a system that allows employees to conveniently use flexible working hours by simplifying the process. After maternity or parental leave, work locations are assigned considering the childcare environment and residence to help balance work and family life.
In 2013, Kyobo Life Insurance opened ‘Kyobo Life Dasomi Daycare Center,’ the first workplace childcare facility in the life insurance industry, creating an environment where employees with young children can reduce childcare burdens and focus on their work. This daycare center has received high satisfaction from employees due to its nature-friendly facilities, attentive care services, and longer operating hours compared to public and home-based daycare centers.
A Kyobo Life Insurance official stated, “We will activate various family-friendly systems to support more employees in receiving benefits,” and added, “We will continue to strive to fulfill our social responsibility in supporting the balance between work and family life.”
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