Flexible working arrangements, private banks do not cover national expansion

The flexible working arrangements that were expanded around the [financial newspaper sinyuncheol Korea News] private banks will be expanded to a national bank. Flexible working hours and telecommuting refers to a selective agent such time that companies voluntarily adjusting the output to suit the circumstances of the given time off work, Exodus, time off work instead of individuals.

◇ Industrial Bank expand flexible working arrangements determined

Industrial Bank has been operating a pilot flexible working arrangements to small targets four division headquarters 30 people since last October. It began in earnest in March introduced to expand targets headquarters staff 2900 people, including the rush hour commute differential selective agent. There are now gimdojin Bank emphasized the appointed time, "Bank employees are happy, '' Banks want to work, this expansion flexible working arrangements are seen as the result reflects this trend.

The commute is a difference scheme for employees to choose the rush hour. 7:00 a.m. to determine the work time of 30 minutes between 10:00 am If you are between 30 minutes and eight hours a day is a day of working hours (excluding rest one hour).

In the field point is a situation that is already utilized by introducing the 'Select rush hour workweek. The target under the third grade staff based on the existing elementary school 1-3 grade children (under 9 years old) decided to expand the staff with children.

Choose one hours rush hour workweek is shorter than 8 hours of work time to the hours worked by existing institutions that leave work at 6 pm at 10am. The system for care staff to raise young children. Select rush hour workweek can be utilized as a month within a maximum of one year.

◇ banks, the faster settlement of

The introduction of the first commercial banks of flexible working hours is a place Shinhan Bank. Shinhan Bank has introduced a smart working hours (flexible working hours) consisting of zero point and full smart targeting employees working center work, telecommuting, self commute from July last year. At the time Park Geun-hye government also seemed high interest to the president by visiting the site, flexible working arrangements. 100,000 in November environment since last July showed the system utilization. Working conditions 3000 Smart Center, telecommuting has performed with increased utilization compared to the initial situation 400.

KB Kookmin Bank is April sikindaneun policy to enable the introduction of flexible working arrangements, such as two-shift working arrangements in accordance with the formal business expansion to night operations not targeting 7:00 pm 100 nationwide branches coming. Two-shift working hours are commuting to handle the staff of a half case analysis of the number of business transactions with customers visit per customer time low level of congestion in the morning time customer business and yangbunhwa business hours as the other half of the employees working in night hours you can adjust the working manner.

We also went to the bank to trial flexible working arrangements. Currently it operates a total of 82 affiliated dotted janggeup work less hours 10:00 - 11:00 self-selective agent that should be targeted to all employees at least twice a month obligations. Our banks are coming as early as April 28 after a trial operation to check the improvement of employees will be full implemented in the first half. KEB, Hana Bank is still open, review the introduction of flexible working arrangements are still pending specific period.

Citibank is being implemented flexible working arrangements since 2007. 220 people corresponding to 6% of all employees are currently taking advantage of flexible working arrangements.

◇ Side effects are a concern

Just as flexible working arrangements have spread rapidly than expected Some observers also send the eye of a concern. Problems with work space is currently being used by relatively few are utilized mainly in the head office branch personnel. Among employees deprivation problem in this regard it is also being considered. But ever-present transactions who wish to work while solving space problems, but the atmosphere is expected to continue to exist between the different regions use pattern staff discrimination.



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558 trillion won last year's national pension fund ... Provisional yields 4.75%

[Korea goyounghun financial newspaper reporter] 2016 national pension fund yield totaled 4.75% as provisional.

National Pension Fund Management Committee held its second meeting of year 2017 28. In the meeting, it was deliberate and resolve the pension fund and the pension fund entrusted gyeolsanan adjustments operational target range for year 2016.

According to the meeting, it details the last five years the average pension fund return of 5.07% from 2012 to 2016, while in 2007, 2016 10-year average yield totaled 5.38% as provisional.

By domestic equity asset class 5.64%, 10.13% in foreign stocks, 1.83% domestic bonds, foreign bonds 4.01%, 5.74% domestic alternative investment, alternative investment abroad showed a return of 12.34%.

By the end of 2016, pension funds net assets is 558.2991 trillion won, and the end of the year increased 512 trillion 324.1 billion won compared to 45.975 trillion won (9.0%) in 2015. The net asset value plus the increase in operating income 24.0073 trillion won to 21.9677 trillion won amount of money earned after payroll in premium income.

2016 end of the current national pension reserve funds 558.3 ​​trillion won 557.7 trillion won (99.9 percent) have been operating in the financial sector. Fund 400 billion won domestic stock 102 trillion in investment type (18.4%), foreign stocks 85.7 trillion won (15.4%), domestic debt 282.6 trillion won (50.7%), foreign bonds 23.4 trillion won (4.2%), Korea alternative investments divided by 21.9 trillion won (3.9%), alternative investments such as overseas.



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34 The Korea Securities Association chairman, appointed professor at Seoul National University gobongchan

[Korea hyerin nine financial newspaper reporter] was appointed professor at the Seoul National University in South Korea Securities Association gobongchan 34th President.

Korea Securities Institute that opened in the last 24 days appoint gobongchan professor at Korea Securities Association 41st Annual General Meeting by the Chairman announced 34 27.

Gobongchan Professor graduated from Seoul National University College and received a master's and Ph.D. degree in Finance degree from the US Treasury Ohio State University. Then through the Seoul Metropolitan University associate professor He is currently a professor of Seoul National University.

Career has served as a Financial Securities Research Institute, Seoul National University College of Business, Public Fund Oversight Committee, Professional Committee Chairman of the Korea Exchange stock quotes operations, pension fund investment policy, one bank management advisor, Mirae Asset Global Investments outside directors, etc. He is currently an outside director of Sindoricoh Concurrent with the SFA.

Korea Securities Association is a member as a leading Institute with the longest history in the founding in 1976, the financial sector and financial accounts for 1420 people.

The main business in the US journal AJFS (Asia-Pacific Journal of Financial Studies) published six times a year, five times Published South Korea Securities Journal annual, periodic Conference four times a year held (including international conferences), the symposium open held five times, stocks Sarangbang held six times a year, seminar series 6 times a year, the Korea Securities published three times a year Science Review, and conducts research and support programs such as the 25 year yeopyeon.



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Last year, the National Pension responsible investment rating of 50 point-to-stay

[Korea goyounghun financial newspaper reporters - NPS responsible investment assessment scores last year showed that 50 remained in point.

According to 24 days for Responsible Investment advisors ESG Moneta said domestic stocks Responsible Investment evaluation indicators of environmental and social responsibility, corporate governance massive holdings of pension funds (Environmental, Social Governance, ESG) integration Score is staying in 50 point 2016 . In the third quarter of 2014 was the mid-point 60.

ESG side Moneta explained jyeotdago for the long-term, stable revenue growth of pension funds to account for responsible investment elements of the environment, society and governance, including with respect to investments made this amendment in January 2015.

But last year's corporate governance score remained without a 30-point improvement in the social responsibility rating was also pointed out that it was difficult to keep the point-to-50.

Responsible Investment is summarized by the non-financial rating ESG risks in addition to the financial risks and pursue a long-term and stable profit-oriented to a long-term investment through the exercise of shareholder rights vigorously.

ESG Moneta has analyzed the data of pension fund holdings of the top 20 domestic equity holdings and mass market capitalization of pension funds to complement the Financial Supervisory Disclosure. South Korea in terms of corporate governance were won out of 100 points based on use of the original data (Corporate Governance Service, CGS).

ESG Moneta side showed an ESG rating the companies of the B + rating or more ESG rating company points similar trend of CGS since the third quarter of 2012 to the second quarter of 2014, after the third quarter of 2014 jyeotdago reduced to a similar distribution and Class B score of CGS It explained. In the case of pension it was also flat with that recorded in the mid-50 point score increase of the corporate social responsibility (S). ESG is a point-to-side score 50 Moneta said the figures need to be improved.

ESG Moneta said, "why ESG scores of domestic stocks massive holdings of pension funds lowered is because the bulk holdings could increase in accordance with enlargement of change and funding of the ESG evaluation method of the August period dominated by nine trillion won through 2015," said "In addition has the possibility of changing investment approach and include issues such as the transition from institutions such as the exercise of voting rights, "he said.

In April 2010, it launched Moneta is responsible for ESG investment advisory, consultancy and the like, and has signed since last September 2013 and CGS business and business cooperation contracts. This year in January, announced the responsible investment index by Weiss and co epeuen.



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