In the process of overcoming the Asian economic crisis in 90s and global financial crisis in 2000s, employers and workers have exerted joint efforts to overcome them and grew up together.
The Korea Employers Federation (KEF), which was established in 1970 with a mission of bringing about cooperative relationship between management and labor, has been dedicated to building industrial peace and improving national competitiveness.
Now, we are facing unprecedented changes that we have never experienced before, and our enterprises are taking the lead in moving forward.
At this critical juncture, the KEF will continue upmost efforts to solve mounting economic problems one by one. We will do our best to contribute to national growth by stabilizing industrial relations and creating more jobs.
First, the KEF will achieve a meaningful outcome in terms of tripartite dialogue for sustainable economic and social growth.
In order to address the current fundamental problems such as low birth rate, stagnation in domestic demand, and growing trade protectionism, we need to establish new tripartite agreements. The tripartite agreement would be a starting point to overcome the current crisis with a view to improve our economic and social fundamentals in a way to generate more jobs for our future generation.
Second, the KEF will strive to create more jobs, which is the goal of economic growth and the core value for social cohesion.
The KEF will establish a virtuous cycle where business makes more jobs and jobs become the best welfare for all. By doing so, enterprises will restore public trust and respect among people.
Third, the KEF will improve our competitiveness in industrial relations for a leap into the advanced society.
Now is the time to end conflicts and confrontations, and build win-win relations between labor and management through dialogue and compromise. For this, the KEF will carry on a continuous social dialogue with labor.
Fourth, the KEF will be reborn as business organization representing overall business from large corporate to SMEs in light of the changing times and trends.
The KEF will listen to the voice of our member companies and deliver it to political parties and the government. The KEF will strive to serve our member companies and be born again as an organization beloved by the people.
In response to changes of era, the KEF will become a sincere partner for our member companies.