Employment revive in the Second Half

The recruitment of companies will escalate in the second half. The major companies had not hire new workers in the first half due to the worries about the prolongation of the economic slump, but they have established the plans to hire new employees in the second half of this year.

Incruit, the recruitment information provider, released the survey results from the main subsidiaries of the top-30 conglomerates and 360 foreign companies. The survey showed that 249 companies (69.1 percent of the surveyed companies) plan to hire 21,000 new employees in total.

Noticeably, within this year, the open recruitment in the group level has disappeared, and each subsidiary has hired employees on need-base. Therefore, the experts suggest that the prospective employees acquire first the licenses or the certificates of qualification through the information technology education, etc., and then to apply for the job whenever the chances are granted.

▼The Electronic industry and the distribution industry lead the recruitment market.

The electric, electronic and information technology industries including Samsung Electronics, Daewoo Electronics (340) will lead the recruitment market. (7,200 in total)

And the distribution industry including the discount markets and the home shopping companies also plan to recruit 4,400 new employees. Shinsegae will employ 300 workers via open recruitment, and 600 career workers. Hyundai Department Store will employ 300 workers as occasion demands. Wallmart will employ 300 business workers, and Migliore will employ 300 management workers and 600 security workers.

Meanwhile, it will be hard to acquire a job from the financial companies and the construction companies that are currently under reconstruction, and from the hotels that usually employ the temporary workers rather than the regular workers.

In the financial sector, the healthy banks planed only a small-scale recruitment. Such banks are as follows; The National Agricultural Cooperatives Federation (50), Shinhan Bank (100), Korea Development Bank(30), the Export-Import Bank of Korea(15), Daegu Bank(40 in June), and Pusan Bank (120 including 80 temporary workers)

The recruitment plans of the stock companies will vary according to the situation of stock market in the second half of this year. Presently, it is prospected that there will not be a large-scale recruitment. The recruitment plans of the stock companies are as follows; Hyundai Investment Trust & Securities Co.(50), LG Investment and Securities Co.(50), Tong Yang Securities Co.(57), and Dong Won Securities Co.(70). And the rest of companies will employ in a small-scale.

The insurance companies will employ whenever necessary. Among the credit card companies that prospered last year, LG Capital and BC Card Co. will employ 100 workers and 20 workers respectively. Tong Yang Card Co. and Samsung Card Co. have recruitment plans, but have not yet decided the concrete time and number of the employment.

▼ October and November are the Best Time to Apply

The 33.3 percent (82companies) of the surveyed companies have a plan to employ new workers on October and November. And the companies who employ on the need-base, will also increase greatly the recruitment scale in the same period.

Lee Kwang-Suk, a representative director of Incruit, told that `` the open recruitment in the group level has almost disappeared, but the recruitment of the companies will be concentrated on October and November. It is important to prepare the irregular recruitment, because many companies employ new workers through irregular recruitment as well as open recruitment.``

artemes@donga.com