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Posted by mssylee28 pts Saturday, June 6, 2015

What you need to know about the top business conglomerates (chaebol) in Korea

Buzz

What makes a good employee? More importantly, what does it mean to be a 'good' employee for a big company like Samsung and LG


For everyone who wanted to join these companies, you're in luck! A post titled 'Atmosphere and style of conglomerates' was posted on Daum Cafe where the writer shared valuable information on each of the companies listed below. In the post, the writer also revealed the things that he noticed while working for these business conglomerates (or chaebol in Korean). 


Now, the content of this article does not reflect the opinion of myself nor allkpop, and of course not everyone believes it to be true. However, for the most part, it is safe to say that many people agree that these preconceptions are true. 


SEE ALSO: Temperatures Are Dropping: Here are 7 Korea Winter Travel Tips to Keep in Mind







Samsung

As a company that placed 7th in the 'World's Most Valuable Brand' listing (Forbes), they're definitely not a company who hires regular people without outstanding resumes. The company is known to bring in the elite 1% who will be in charge of running 99% of the company, with a heavy emphasis on the hierarchical system. Since the company runs on innovative products, the company heads don't want someone who gives typical ideas, but would rather have you doing the things that they ask you to do exactly in the way that they tell you to do it in. 


Diligence, wit, and the right amount of foolishness is needed if you want to be a part of this company.




Hyundai

This company runs in a military-like system where employees who work like robots are welcomed. Rumor says that new employees do get hazed and disciplined by their seniors within the company. This is a place where you can finally use that 'butt-kissing' skills to good use. 


They want an employee who can make the impossible possible. Expect some criticism coming your way with each project, but don't worry it's not about how well or bad you do... that's just how it is. Still, they have a market cap of $32.9 Billion and placed 64 in the 'World's Most Valuable Brands' list (Forbes).



SK

One thing you have to know about SK is that the company's CEO is very young and wants fellow yuppies who are passionate and opinionated working under him. You have something on your mind? Say it. They will appreciate that more than you holding your tongue. 


Despite the title that each employee holds, they call each other 'managers' because they value equality. Even entry-level employees get called managers! All this equal power to everyone sounds good in theory, but realistically everyone just ends up talking big without getting anything significant done.





LG

In contrast to Samsung, LG makes an effort to find an employee with an amiable personality who works well in a group. The company's motto should be 'Love your neighbors' because for LG, what's good is good and they want nothing less than that. As long as you're charming and are able to do your job without giving much hassle to others, you are the perfect candidate for the company. 


Another significant personality about the company's culture is that it is very female-oriented, meaning that they have a significant number of female employees working at LG.


Lotte

Must, must, must graduate from a reputable university. If you didn't, don't even think about applying. Lotte isn't known to have all their stuff together, nor are they the ones to give high salary, but they sure love people who graduated from Ivy League universities. You don't have to be the brightest of the bunch--actually you shouldn't be the smartest, especially because Lotte doesn't want you to get all big-headed and leave their company. They want someone who is missing just 2% so that they can cultivate you as their own.

  1. Buzz
  2. SAMSUNG
  3. SK TELECOMM
  4. LG
  5. HYUNDAI
  6. LOTTE
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