Economy · 2 sources combined
Shinhan Card Offers Voluntary Retirement
For employees with 15+ years tenure
Deadline Deadline October 21 · Voluntary Retirement Application Deadline
In short
Shinhan Card is accepting voluntary retirement applications for the second time this year.
Full-time employees with at least 15 years of service can apply until the 21st.
Retirees receive up to 24 months of basic salary as severance and reemployment opportunities.
Key facts
| When | Applications are accepted until the 21st, with retirement effective on the 31st. |
|---|---|
| Who | Full-time employees with 15 or more years of service are eligible. |
| What | Up to 24 months of additional compensation based on basic salary is provided. |
| How | Reemployment program operates for up to 2 years, or 4 years for those born 1970–1973. |
What it means for me
This news is helpful reference for readers interested in employment trends in the card industry.
Finance workers with around 15 years of tenure should review these voluntary retirement terms.
