Why do Korean companies rarely dismiss people?

Culture and management concepts, stable labor market, human resource management and recruitment costs.

1. Culture and management concept: Korean enterprises usually pay attention to the shaping of corporate culture and management concept. These enterprises usually emphasize teamwork, loyalty and long-term commitment, not just short-term economic benefits. In Korean enterprises, employees are often regarded as a member of the enterprise family, and enterprises are committed to cultivating employees' loyalty and sense of belonging to the enterprise. Therefore, when Korean companies consider dismissing employees, they often consider the factors of corporate culture and management philosophy and try to avoid dismissing employees.

2. Stability of labor market: The labor market in Korea is relatively stable, which provides a good environment for Korean enterprises. The Korean government has taken a series of measures to maintain the stability of the labor market, including labor laws and regulations, employment security plans and vocational training. These policies help to reduce the unemployment rate, improve the employment security of employees, and make Korean enterprises more inclined to retain existing employees rather than dismiss them.

3. Human resource management and recruitment costs: Korean companies usually attach great importance to human resource management. They spend a lot of time and resources to recruit and train new employees, which is a costly project. Therefore, when Korean companies consider dismissing employees, they usually consider human resource management and recruitment costs. Dismissal of employees will not only waste the recruitment cost of enterprises, but also affect the image and reputation of enterprises, which is not conducive to the future development of enterprises.