정책

Policy

Position on HR/Labor Affairs

Talent Recruitment
POSCO upholds the principle of open recruitment, aligning with the company’s strategic direction and hiring conditions to select creative individuals who embody a mindset of execution and consideration. Applicants are objectively evaluated and fairly selected based on their competence and qualifications, following systematic and specialized screening procedures and standards. After document screening, the ‘POSCO Aptitude Test (PAT)’ is used to objectively verify applicants’ basic job competence and personality. The first interview focuses on evaluating job knowledge and expertise in the applied field, while the second interview assesses personality and organizational fit to hire competent personnel that aligns with our talent profile.
Evaluation and Compensation
  • POSCO operates a fair and objective evaluation system to provide compensation based on work performance. Before evaluations, both evaluators and those evaluated take a ‘Fair Evaluation Pledge,’ and those evaluated can appeal the evaluation results through a separate procedure. For managers, 360-degree evaluations from collaborating colleagues and department members help them continuously reflect on and improve their leadership, including their adherence to management philosophy, communication skills, and working methods. Additionally, managers receive regular training on evaluation criteria and methods to ensure they objectively and fairly evaluate employees.
  • Salaries are set at an appropriate level, equally for men and women, considering internal and external conditions, and differentiated salary increases are applied based on individual evaluations. Through the ‘Variable Performance Bonus System,’ the company’s collective management performance is shared with employees, and awards are given to those who achieve outstanding performance based on merit.
Evaluation Process
  • POSCO conducts a regular evaluation (once a year) for all permanent employees based on fair and systematic standards. Performance evaluations are carried out multiple times, measuring individual job performance systematically, based on self-reported work performance and self-evaluation results. The regular evaluation assesses employees’ job performance, competence, qualifications, and ethical awareness. The results of these evaluations are used for promotions, development, and compensation, applying a performance-based differential compensation system.
  • Additionally, an evaluation system is in place where employees can input their work performance and managers can provide coaching, ensuring continuous coaching and feedback.
Position on Wages
  • POSCO pays wages composed of job-based pay, allowances, and performance-based pay. Job-based pay is determined based on each employee’s job performance ability and work performance. Additionally, employee wages are thoroughly managed to ensure compliance with the labor-related laws and regulations of each country or region. The company conducts wage negotiations with the labor union annually.
  • Wages are paid entirely in cash, and employees who work beyond statutory working hours receive overtime pay according to the standards set by the labor-related laws and regulations of the respective country or region.
Position on Working Hours
  • POSCO adheres to all laws and written agreements with employee representatives regarding standard working hours, the annual paid leave system, and overtime hours included in employment conditions. All overtime work must be voluntary and conducted according to the standards set by the labor-related regulations of the respective country or region.
  • To effectively manage fatigue, working hours, shift patterns, and rest periods are determined in accordance with relevant laws, and all employees are provided with adequate breaks for meals and rest. To create an autonomous and flexible working environment, certain roles operate under a bi-weekly four-day workweek or a selective working hours system. Additionally, a work-from-home system is available for employees requiring care, such as those with childbirth or caregiving responsibilities.
Enhancing Employee Satisfaction
POSCO conducts the ‘Great Work Place (P-GWP)’ survey annually to assess and improve organizational culture among employees worldwide. The results of the P-GWP survey are shared with each department, enabling all members within the organization to contribute to creating a great workplace themselves.
Young Board Operations
POSCO operates the Young Board to build an organizational culture of trust and creativity and to implement the CEO’s management philosophy emphasizing communication. The Young Board, selected from various departments such as production, technology development, marketing, and management support, proposes improvement ideas related to organizational culture to management. These include creating a safe working environment, innovating work methods, and promoting communication across generations and hierarchies, driving substantial change in the organizational culture.
Support for Clubs
POSCO supports employee hobby activities and self-development through the club program ‘Dongho Dongrak.’ Various clubs are organized in fields ranging from sports like tennis and soccer to cultural and learning activities like movie watching and language studies. Through club activities, employees enhance their individual skills and creativity while actively engaging in contribution activities through skill donation. POSCO plans to continue actively supporting club activities to establish a culture where employees can enjoy their work and pursue diversity.
Win-Win Labor-Management Relations
POSCO adheres to the Constitution and Labor Relations Act, foundational to our Human Rights Policy, ensuring the respect and protection of the rights of our employees. Since our founding, we have embraced the philosophy of being ‘partners in creating a better tomorrow together,’ maintaining a tradition of win-win in our labor-management relations. Presently, two labor unions are active, with the POSCO Labor Union serving as the representative bargaining union. Our stable labor-management relations foster a culture of trust and harmony within the organization.

In addition to the labor unions, POSCO has established and operates a Labor-Management Council in accordance with the Act on the Promotion of Workers’ Participation and Cooperation. The Labor-Management Council works towards the joint development and improvement of welfare benefits for employees and the company, swiftly resolving employee difficulties or inconveniences, and explaining the company’s management status and policies to build consensus among employees regarding overall company operations.

Talent Development Management System

POSCO operates a POSCO operates a variety of development programs to strengthen job expertise. Through work, relationships, and learning, we support individual employees in their growth as experts.
Field-Oriented Technical Expertise and Talent Development
We operate the ‘POSCO Master’ and ‘TL (Technician Level)’ systems to develop world-class field technicians. Field technicians steadily improve their TL levels through long-term, continuous job competence improvement and are appointed as ‘POSCO Masters’ through evaluations based on their highest technical skills.
Career Development
POSCO actively supports the career development of its employees to cultivate insightful next-generation business leaders and enhance technical expertise in the field. Office staff and engineers develop their own career plans based on job-specific CDP (Career Development Plan) models. After joining the company, they gain experience in the same job field for a certain period before expanding their careers to other job fields. To promote self-directed career development, the company supports annual meetings with department heads and implements a quarterly internal recruitment system. Field technicians rotate tasks within their department/job on a regular basis to strengthen their technical expertise and ability to handle emergencies. Outstanding employees are developed into on-site supervisors by enhancing their production process management capabilities.
Competency Enhancement Program & Customized Education Support
POSCO focuses on developing professionals for the transfer of core technologies in response to changes in the work environment. The company also operates customized leadership education programs to strengthen the leadership competencies of managers. Additionally, POSCO runs job-specific customized education programs, including group training and e-learning courses, to nurture future skilled personnel.
New Collar Level Certification System
In response to the Digital Transformation (DT) era, POSCO defines ‘employees who improve work processes using new IT technologies and contribute to society by creating new value’ as New Collar personnel and plans to focus on developing them. To this end, POSCO has newly implemented the ‘New Collar Level Certification System,’ in which all employees participate, since 2020.

The New Collar Level Certification System categorizes data analysis and utilization skills into four levels, offering tailored online and offline training courses for each level. Certified individuals at each level receive HR benefits such as promotion points and opportunities for overseas study, thereby encouraging active and voluntary participation in education. POSCO is committed to actively supporting New Collar talent in leading change in the new era.
Enhancing Competitiveness of Overseas Local Employees
POSCO has business sites in over 20 countries. Our overseas subsidiaries pursue local management led by a local workforce and aim to elevate the growth vision of local employees by promoting the localization of personnel at the manager level and above. We operate various programs to develop excellent overseas local talent, including the Global Mobility Program (GMP) with rotational assignments at headquarters, as well as leadership programs for new employees, managers, and executives.

Position on Diversity, Equity, and Inclusion (DE&I)

POSCO believes that diversity, equity, and inclusion are essential elements of its culture and strives to enhance these values across all business sites. We provide opportunities for diverse employees to freely express their opinions, continually identify and address issues, and build an agile and flexible organizational structure.

Additionally, we prohibit discrimination based on gender, nationality, race, or disability status, and create a respectful workplace by recognizing and respecting diversity and cultural differences.
Employment of Persons with Disabilities
POSCO and its group companies grant preference points to applicants with disabilities during employee recruitment and employ athletes with disabilities to support their independence and training, among other efforts to expand employment for persons with disabilities. POSCO’s employment rate for persons with disabilities is 3.3% (based on 2021 data from the Korea Employment Agency for the Disabled). Additionally, through the operation of the subsidiary-type standard workplace for persons with disabilities, ‘POSCO HUMANS,’ we provide cleaning services, call center operations, and office support for group companies, and are exploring various new businesses where persons with disabilities can fully utilize their abilities. The POSCO Group continually strives to create a respectful employment and working environment where all persons with disabilities can work without discrimination.
Family-Friendly Company
POSCO makes various efforts to create a workplace where women can thrive. In 2020 we were the first company in Korea to introduce a ‘Work-From-Home System for Childcare Without Career Interruption,’ allowing employees with children aged 8 or younger, or in 2nd grade or below, to work from home while caring for their children. Additionally, we implemented a ‘Work-From-Home System During Pregnancy’ in 2020 to support healthy childbirth and expanded this support in 2021 to female employees undergoing infertility treatment. In 2020, we established two win-win daycare centers in the Pohang and Gwangyang areas for the children of employees from both our group and partner companies. Additionally, we operate six workplace daycare centers, including one in Seoul, to provide high-quality childcare services. We also offer parental leave for up to two years, surpassing the requirements of the Labor Standards Act. In addition, our ‘Family Care Leave’ system allows employees to take time off to care for family members dealing with illness, accidents, or aging. This ensures that our employees can maintain a healthy work-life balance.
Prohibition of Discrimination/Bullying
POSCO does not engage in discriminatory treatment regarding employment, promotion, education, compensation, or welfare benefits based on race, nationality, sex, age, educational background, religion, region, disability, marital status, or gender identity. Additionally, we strive to eradicate discrimination and promote a culture of respect for diversity.

POSCO ensures employment conditions, including appropriate working hours, that allow employees to lead lives with dignity. We offer fair compensation, educational opportunities, and a work environment that respects cultural differences.

POSCO prohibits all acts that cause sexual humiliation, including workplace sexual harassment and sexual violence. Additionally, all acts of bullying that cause physical or mental distress by exploiting superiority in position or relationships within the workplace are prohibited.

POSCO has established a reporting system for workplace bullying and sexual harassment, addressing acts where an employer or employee uses their position or relationship to exceed the appropriate bounds of work, causing physical or mental distress to another employee or deteriorating the working environment through actions such as violence or verbal abuse.
Diversity and Expertise of the Board
POSCO’s non-executive directors are composed of individuals with rich experience and expertise from various fields, including industry, finance, academia, law, accounting, and the public sector, to support rational decision-making by management without bias toward any specific field.