Samsung recruits new employees despite the semiconductor recession… 65% of large companies “no plan or undecided”

2023-09-10 12:27:14

Maintains hiring trend of over 10,000 people every year

20 affiliates are applying for jobs until the 18th. Hyundai Motor Company and SK are also expected to hire new college graduates by the new month. The competition rate for new college graduates is expected to be 81 to 1.

▲ 16 Samsung, the only one of the five major conglomerates that conducts large-scale open recruitment, will begin screening on the 11th to select new employees for the second half of the year. Recruitment at major domestic companies, which have mostly switched to rolling recruitment, will also be carried out on a large scale this month. However, a survey by the Federation of Korean Industries (FKI) found that 6 out of 10 large domestic companies either did not hire new college graduates in the second half of the year or had no plans yet, further darkening the mood in the youth job market.

20 affiliates, including Samsung Electronics, will accept job applications through the group’s recruitment website ‘Samsung Careers’ until the 18th. Open recruitment is conducted in the following order: application reception (September), job suitability evaluation (September), Samsung Job Aptitude Test (GSAT, October), and interview (November). Samsung has been conducting the GSAT online since 2020. Applicants can take the exam using a PC or smartphone at an independent location. For some occupations, such as software development or design, software competency tests and design portfolio reviews are also conducted in parallel.

This open recruitment will be carried out unchanged from previous years even as Samsung Electronics, the group’s ‘eldest brother’, has been recording trillions of won in losses every quarter in the semiconductor division, its core business, this year. Samsung Electronics Chairman Lee Jae-yong last year set a goal of hiring 80,000 people over four years. Since then, more than 10,000 people have been hired every year, with an average of 16,000 people hired per year.

Samsung, which was the first domestic company to introduce open recruitment in 1957, has led the hiring culture by establishing open recruitment for new female college graduates in 1993 and excluding academic background from application qualification requirements in 1995. We strive to provide quality jobs to young people through social contribution programs such as ‘Samsung Youth SW Academy’ (SSAFY), which provides free software education and employment support services, and ‘Samsung Hope Stepping Stone’, which supports economic independence of young people leaving shelters. there is.

The other five groups that have adopted the rolling recruitment system also select new employees from various job groups from last month to next month. SK’s major affiliates, including SK Networks, SK Bioscience, SK Innovation, and SK Broadband, will be recruiting 50 people this month. Hyundai Motor Company held a job fair for the first time in six years on the 1st, and is recruiting 154 jobs for each job, including research and development, design, and information technology (IT). LG, which mainly recruits on a regular basis in March, May, July, and September, also has each affiliate recruiting new and experienced employees on a large scale this month. Lotte also recruits new employees at Lotte Well Food, Lotte GRS, Lotte Information and Communication, and Lotte Autoris.

As a result of the Federation of Korean Industries’ survey of ‘new recruitment plans for college graduates in the second half of 2023’ among the top 500 companies in sales, only 35.4% of companies established plans for new recruitment in the second half of 2023. 48% responded that they were unable to establish new hiring plans for the second half of this year. The proportion of companies without hiring plans reached 16.6%. 57.8% of companies said they would maintain hiring at a similar level to last year, and 24.4% said they would reduce it. The proportion of companies planning to increase was only 17.8%. Accordingly, competition for college graduates to find employment this year is expected to become more intense than last year. Responding companies predicted an average competition rate of 81 to 1 for new college graduates this year.

Reporter Kim Min-seok and Lee Je-hoon, professional reporter

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