Firms hire more employees with foreign diplomas

[영어도우미]

Firms hire more employees with foreign diplomas                 

                      

    

Major Korean companies are looking to recruit foreign-educated workers in efforts to globalize staff and better adapt to competition, the companies said.

They are particularly looking for foreign-educated business school graduates and lawyers as many offshore branches and affiliates are fast expanding operations.

Kumho Asiana Group, the nation's eighth-largest conglomerate, is recruiting marketers, lawyers and MBA holders who have worked or studied abroad through next Monday.

The group's various affiliates, including the relatively more globalized Asiana Airlines Inc. and Kumho Tires Co., and Kumho Life Insurance Co. are all offering new positions, according to group officials.

KT Corp. is also set to hire foreign-educated job seekers and offer internship programs to students studying overseas.

The nation's leading telecommunications company said it is seeking applications from overseas by March 23 for posts in its strategy, research and information technology departments.

Internships with the company are offered across a wider array of fields to better tap the growing foreign-educated human resource pool.

Leading manufacturers such as Hyundai Motor Co. and Samsung Electronics Co. also plan to hire employees and researchers from abroad as they have done for the past several years.

Korea's top 201 firms plan to hire a combined total of 704,490 new staff this year, up 2 percent from last year, according to a recent survey by the Federation of Korean Industries, a lobby group for major local firms.

The institute said exporting companies will hire 2.3 percent more workers than last year, while companies that only sell products domestically will hire 1.8 percent more workers.

By industry, net employment will increase most in the electronics sector - up by 4,429.

But net employment in the service sector, which is heavily reliant on local consumer spending, will see only a 1.7 percent increase, according to the FKI.

(kkt@heraldm.com)

By Ko Kyoung-tae
2007.03.13

https://www.koreaherald.co.kr/SITE/data/html_dir/2007/03/13/200703130034.asp

 

VOCABULARY :

 

globalize=

verb:   make world-wide in scope or application (Example: "Markets are being increasingly globalized")

 

adapt=

verb:   make fit for, or change to suit a new purpose (Example: "Adapt our native cuisine to the available food resources of the new country")

verb:   adapt or conform oneself to new or different conditions

 

offshore=

adjective:   at some distance from the shore (Example: "Offshore oil reserves")

adjective:   (of winds) coming from the land (Example: "Offshore winds")

adverb:   away from shore; away from land (Example: "Cruising three miles offshore")

 

affiliates=

noun:   a subsidiary or subordinate organization that is affiliated with another organization (Example: "Network affiliates")

noun:   a subordinate or subsidiary associate; a person who is affiliated with another or with an organization

verb:   join in an affiliation (Example: "The two colleges affiliated")

verb:   join in an affiliation (Example: "They affiliated themselves with the organization")

verb:   keep company with; hang out with (Example: "She affiliates with her colleagues")

 

conglomerate=

noun:   a group of diverse companies under common ownership and run as a single organization

noun:   a composite rock made up of particles of varying size

verb:   collect or gather

adjective:   composed of heterogeneous elements gathered into a mass (Example: "The conglomerate peoples of New England")

 

internship=

noun:   the position of a medical intern

 

 

 

QUESTIONS :

 

(for university students)

1. What are your worries regarding the inevitable processes of applying for jobs? Why do you feel this way? Please explain

2. Definitiely, competition is extremely stiff in the present Korean job market. What are your qualities that you think would make you stand out among the numerous future gradutes? Expound on your answer.

3. What do you think of this trend among big companies requiring/prioritizing graduates or employees with foreign diplomas?

4. Aside from acquisition from another country, what do you think are the differences between a locally earned diploma and a foreign one?

5. Given the situation, would you study again for extra months/years and make additional expenses just to meet the requirements of these companies? Why/why not?

(for employees)

1. After graduating, what were your major worries/concerns when you first started job-hunting? Please explain.

2. Competition is extremely stiff in the present Korean job market. Let's say situations have pushed you to quit your present job and apply for another one, what do you think are your qualities that make you stand out among the numerous fresh gradutes and other highly qualified applicants? Expound on your answer.

3. What do you think of this trend among big companies requiring/prioritizing graduates or employees with foreign diplomas?

4. Aside from acquisition from another country, what do you think are the differences between a locally earned diploma and a foreign one?

5. Given the situation, would you study again for extra months/years and make additional expenses just to meet the requirements of these companies? Why/why not?