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   :: Country Overview

Work in Korea


Job Resources
Korea has bounced back quite well from the Asian financial crisis of 1997, and foreign money is flowing into the country.
  Professional Resources
South Korea has two major trade union federations, the Korean Confederation of Trade Unions (KCTU) and the Federation of Trade Unions (FKTU).
Employment Trends
After the 1997 Asian financial crisis, Korea experienced massive layoffs.
  Cost of Living
Seoul is generally considered one of the world's most expensive cities in which to work and live.
Information Technology
The information technology sector in South Korea has strong ties with e-business and digital communication, two work areas that were hit hard by both the Asian financial crisis and the tech stock market crash of 2000.
  Resume/CV's
For Koreans, there is a standard application form expected by Korean firms.
Engineering
Two of the three top industries of Korea's future, according to experts, biotechnology and nanotechnology (the third is information technology) require engineers to succeed.
  Interviewing Advice
Typically, the cultures and processes of Korean and Western companies are very different; foreign-invested companies with Western management in Korea try to combine them both.
Accounting & Finance
Before the Asian financial crisis, most Asian financial markets enjoyed high bank depository and high interest rates.
  Work Permits
The application process for Korean business and work visas is fairly straightforward, but the rules surrounding it are strict.
Sales & Marketing
Employers usually require sales and marketing professionals to hold university degrees, and those who have degrees in marketing or MBAs are the most sought after.
  Cultural Advice
Koreans are quite modest, and while they know that foreigners may behave differently from them, they still expect expatriates to be polite and humble and show interest and respect for Korean traditions.
General Business
The businesses that most often hire professional managers and consultants are those that require customer data analysis.
  Career Advisors
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