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10 ways to fix unemployment in South Korea
by Joseph Gatt
2018-12-15 10:44:44
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10 ways to fix unemployment in South Korea, in no particular order

1.      Think and promote thinking

You want to start a business, that will in turn create jobs. You have to think about who the clients will be, how finances will be managed, what the business environment will, sales tactics, and of course think about the product that you are selling. While big businesses come up with very innovative sales tactics, small business owners often do not think carefully while doing business, and just improvise. That leads to a lot of small and medium businesses going bust, losing jobs in the process.

unekore0001_4002.      Real estate prices

Because speculation is the norm in the South Korean real estate market, real estate prices tend to be overinflated. Businesses spend a lot of money on rent, thus tend to cut costs by avoiding hiring people.

3.      Labor flexibility

In a rank-based system, if you lose your job, you have to start all over again at the bottom rank. That means people tend to keep their jobs even when they have no good reason to stay in their job. That also means long, arduous job application and hiring procedures as once people get jobs, they tend to want to keep them. Either switch to a task-based system, or allow people to maintain their ranks as they move from one company to another.

4.      Task-based careers

Rather than being a rank with no specific tasks attached to your rank, and changing tasks every year, you want people to be paid for a set of tasks. That means their education background and experience will actually mean something as they will be expected to deliver a specific set of tasks.

5.      Love, not fear

People at the South Korean workplace use fear tactics with their employees. Sometimes fear tactics go too far, employees quit, and unemployment levels go up. Punish the use of fear tactics.

6.      Smaller offices

50, 60, 70 people in a single office. All talking on the phone, using their keyboards, using noisy machines. Workers can't focus on their tasks, eventually stay at work late so they can complete their tasks. One of the lowest productivity rates in the world, and people eventually quit their jobs because jobs are too physically demanding, even when they are office jobs. Imagine 70 people all talking on the phone at the same time. That should give you a headache. Imagine that on a daily basis, twelve hours a day.

7.      Encourage collective bargaining

When workers are allowed to collectively vent their frustrations, dialogue takes place and they can eventually keep their jobs. Thus less unemployment.

8.      Shorter job application procedures

In some cases you need one year between application time and starting your job. That's a full year of unemployment.

9.      Inclusive workplace environments

Workers barely talk to each other, no communication takes place. People don't communicate because communication is not private, people listen and people punish if they hear something they don't like. Don't spy on people, allow them to communicate on the job, they will soon start being productive, sales will go up, more people will be hired, people won't quit their jobs.

10.  Solid business networks

Because businesses tend to compete rather than cooperate people rarely attend networking events. Thus only big businesses have a solid network. Small businesses should not be afraid, before they start a business, and while they have their business.

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