KT management and union workers, have set a new milestone to their relationship that will bring many benefits to the company, employees, and much more. KT and its union gathered on March 5 at the KT's Olleh campus to deliver a joint declaration on building creative new labor and management culture of Olleh KT so as to produce continuous corporate value, take social responsibility, and ultimately cooperate on expanding a win-win management-union culture. Together, the management and union of KT laid a blueprint with the aim of placing both groups in an innovative win-win situation and establishing sound labor relations. Moreover, followed by this joint declaration, the KT union announced a 'HOST' campaign to facilitate a hospitable blending with the public.
HOST, in fact is the name of KT labor and management's new labor movement where 'H' stands for Harmony, 'O' for Originality, 'S' for Sharing, and 'T' for Transparency. This so called HOST movement is a form of KT's blueprint that targets cooperation with the general public and it was in talks ever since the company withdrew from the Korean Confederation of Trade Unions of last year.
The essential particulars of KT management and union's joint declaration are the following: take lead in improving the company's value, put effort in sustaining perpetual peace between management-union relations, strive to stabilize employment, implement a win-win program, take social responsibility, and create new jobs. On a similar note, HOST movement lists creating a scholarship for underclass students from middle school to high school, executing free education via internet, supporting children of families without parents and temporary employees, offering a second chance to retired personnel, and lastly promoting campaign on protecting national parks, mountains and streams.
Among these bold points, scholarship programs will be implemented without delay; the program will also select 210 high school students and provide them tuition until they graduate. The scholarship money costs KRW 400 million a year and it will be consumed by KT's labor and management's union dues and the company's donation. Furthermore, KT union expressed that the funds raised for HOST movement by the company's management can be interpreted as their reimbursement to the society.
"We will provide unconditional and boundless support to HOST movement that puts emphasis on harmony and sharing and also together we will actively participate in this enriched program. And the joint declaration between management and labor will yield a new model for management-union relations, in which creates a restored enterprise value that meets the national policy" said Lee Suk-chae, CEO of KT.
