Banks cut more jobs than last year… One 511 people, 496 Nonghyups leave (total)

Increased special retirement compensation for each bank and lowered the possible age to’reduce body size’

Hana Bank’semi-retirement special retirement’ confirmed 285 people aged 40 and over

(Seoul = Yonhap News) Reporter Yeon-jeong Kim, Seo-ho Seong = At ​​the end of the year, hundreds of employees are leaving for each bank due to special retirement (desired retirement).

With the number of retirements increasing more than last year, the’reduction of body size’ using the hopeful retirement of the banking sector is in an atmosphere that is speeding up even more this year.

Each bank is encouraging more employees to choose to leave while increasing their desired retirement compensation and lowering their possible age.

According to the financial sector on the 31st, as a result of receiving an application for’quasi-retirement special retirement’ for general employees who have worked for more than 15 years and over 40 years of age, a total of 285 people were confirmed to retire as of this day.

The retirees were 35 managers, 143 managers, and 107 attendees. Compared to the 92 semi-retirement special retirees at the end of last year, it increased significantly.

Among these, the supervisory level and the attendant are paid an average wage of 36 months. For managers, average wages for 27 to 33 months are paid depending on age.

In addition, special retirees are provided with a lump sum of school expenses for their children (up to 20 million won per employee), medical expenses (up to 10 million won per employee), and re-employment/relocation support (5 million won per employee). For employees who applied for special retirement for the semi-retirement age this time, there was an additional condition that special preferential treatment would be given for future re-employment.

Hana Bank is regularly implementing semi-retirement special retirement in order to streamline its workforce structure in line with changes in the financial environment and provide opportunities for early job changers. From the end of the year and the beginning of the year, it was increased to twice a year in accordance with the labor-management agreement.

Separately, 226 general employees born in 1965 and 226 employees born in 1966, whose time of incorporation into the wage peak was reached, will also retire on this day. The number was 154 at the manager level, 58 at the manager level, and 14 at the attendant level, down from 277 at the end of last year.

For them, the average wage of about 25 months (born in 1965) or about 31 months (born in 1966), along with the child’s school expenses and medical expenses. Reemployment and job change support are provided.

Hana Bank signboard
Hana Bank signboard

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A total of 503 people applied for the special retirement application held at the end of November of the Nonghyup Bank, of which 496 were confirmed to retire as of today.

The Nonghyup Bank decided to pay 28 months of average monthly wage to employees aged 56 (born in 1964) this year, and pay 35 months and 37 months of wages, respectively, for born in 1965 and 1966, respectively.

In addition, special retirement compensation has been significantly increased this year, such as paying 39 months of monthly average wage for those born in 1967 to 1970 and 20 months of wages for those born in 1971 to 1980 as special retirement allowances. This year’s honorary retirees are also given an additional’exchange support fund’.

Last year, an average monthly wage of 28 months was paid to 56-year-old employees, and 20 months’ worth was paid to employees who worked for 10 years or more and are over 40 years old.

As such, the number of applicants for this year increased to 503, 147, from 356 last year, as the special retirement compensation has increased significantly.

An official from the banking sector said, “As the life expectancy of bankers is prolonged, it seems to be the result of a lot of needs to prepare in advance for a’second life’.” said.

View of NH Nonghyup Bank
View of NH Nonghyup Bank

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