-SPECIAL REPORT-
Booyoung Group’s Bold Baby Bonus
Initiative
In a
striking move to combat South Korea’s plummeting birth rate, Lee Joong-keun,
the billionaire founder and chairman of Booyoung Group, a major South Korean
construction company, has launched a groundbreaking incentive program offering
employees a $75,000 bonus for each child they have.
This initiative, which equates to 100 million Korean won per newborn, is part of a broader corporate effort to address the nation’s demographic crisis, which threatens to halve its workforce within the next 50 years.