Money Today Reporter Lee Kang-joon | 2023.03.01 15:23
The official schedule for open recruitment for production (technical) positions at Hyundai Motor Company, which shook the domestic job market, has begun. Welfare such as ‘average annual salary of 100 million won, retirement guarantee’ is known, and related content that contains how to write a self-introduction letter and how to prepare for an interview is already popular in SNS (social network service) and bookstores. As this is the first open recruitment in 10 years, there is an atmosphere among job seekers that there will be no opportunity if it is not this time.
According to related industries on the 1st, Hyundai Motor Company will issue a public notice for production workers on the 2nd. It is the first time in 10 years since 2013 that new public bonds have been issued. The size of this bond is 400 people. The application deadline is the 12th of this month, and successful applicants will be announced at the end of the same month. The schedule may change depending on circumstances.
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Announcement of successful applicants at the end of March, field input from September at the earliest… “80% of successful applicants go through design process”
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The first round of selection will be conducted from April to early June, with the first interview (personality evaluation) and the second interview (physical examination). The second round repeats the same recruitment process from May to the end of June.
The announcement of finalists for each class is also different. The first round is announced in early July, joined in early August, and deployed to the site in September. The second round is announced at the end of July, and following joining the company in early September, it is put into each plant in October. It is mainly deployed to Ulsan and Asan factories, but there is a possibility that some of them will also be deployed to the Namyang Research Center.
It is known that regarding 80% of the public recruitment personnel will be assigned to the chairman. The assembly department is in charge of assembling mechanical parts such as the engine, transmission, and axles following installing interior and exterior parts related to interior and convenience specifications on the body. In addition, the design is a very important process that completes the basic frame of a car by taking charge of electrical parts, wiring, and plumbing, but it is known that the labor intensity is high because heavy parts must be moved or delicate work must be repeated.
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Average annual salary of 100 million, guaranteed retirement at age 60… Kia’s ‘500:1’ competitive rate is expected to exceed the unique welfare benefits
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The reason why this public recruitment is receiving a lot of attention is because of the unique welfare benefits for the production workers at Hyundai Motor Company. As of 2021, Hyundai Motor’s average annual salary was 96 million won, but it is predicted that it will already exceed 100 million won last year. In addition, the retirement age is guaranteed until the age of 60 through collective labor-management wage negotiations (collective wage negotiations) that are held every year.
The most well-known benefit is a new car discount. Depending on the number of years of service, discounts of up to 30% are available once every two years, and long-term employees receive a lifetime discount of 25% on new vehicles even following retirement. New employees who pass this public recruitment can also purchase a new car at a 20% discount with the ‘New Employee First Car Discount’ benefit.
It supports not only various hospital expenses, but also school expenses such as college tuition for the third child. Employees who have worked for 10 years are given a souvenir of 7.5 grams of gold and vacation pay at 50% of their normal salary, and free overseas travel is provided following 20 years of service.
The MZ generation (those born in the early 1980s to the early 2000s) values ’work-life balance’, which is also well equipped. A two-shift workweek is in full operation. If you do extra overtime, you get paid more, and if the collective bargaining agreement is reached, you get another congratulatory money.
Hyundai Motor’s production job competition rate is expected to slightly exceed Kia’s 500:1 competition rate as it progressed amidst a cold wave in the job market. Kia openly hired 138 production workers in 2021, but 49,432 applicants flocked.
In the second half of this year, Kia will also proceed with open recruitment for production workers. Hyundai Motor is also hiring 219 employees of partner companies as full-time workers. The number of employees is known to be 219, including 104 at the Ulsan plant and 115 at the Asan plant.
Hyundai Motor Company is also hiring college graduates from this day. Since July of last year, Hyundai Motor Company has been recruiting new college graduates on the 1st of every odd month as a ‘predictable regular recruitment’. This is the second full-time recruitment this year, and the recruitment sector is △R&D △Design △Manufacturing/Production △Strategic Support. Applications are accepted through the official recruitment website of Hyundai Motor Company by the 14th.
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