Korean Talent Moving to China for Better Conditions

Article From SBS:

‘9 times higher salary guaranteed’…Stay alert, Korean ‘Brain Drain’ Flows to China

[Anchor]

Have you heard of the ‘1-3-9 condition’? It means semiconductor companies in China guarantee that they will pay 9 times the annual salary for 3 years to hire well-trained Korean workers. Due to these exceptional conditions, the phenomena is spreading to other industries including cosmetics and the game industry.

Journalist Han has more about Korean ‘brain drain’ to China, which can affect national competitiveness.

[Journalist]

Researcher Kim, department head in a Korean semiconductor company.

He has been considering an offer he got from a semiconductor company in China a few days ago.

It is estimated that there are about 100 Koreans who’ve received an offer like Mr.Kim.

China has declared an ‘talent hiring war’ by offering Korean talent a 9 times higher salary, a luxurious house, and an international school for their children.

The reason China hungers for Koreans is to keep up with the latest in semiconductor technology [without having to wait for Chinese workers to be as well trained].

Since China had made the semiconductor industry its core business, there aren’t enough workers, despite having invested 21 trillion won in the industry.

Korean researcher who moved to a Chinese semiconductor company: “It is true that there are a lot of these kinds of offers from Chinese companies to Korean technicians. Rather than how to run a factory, what kind of product that can be made is more important and this depends on the people that make it.”

However, they risk of changing jobs to Chinese companies.

Jaegeun Park, professor of semiconductor nano-processing at Hanyang university: (It needs to be considered) Whether (Chinese companies) pay what they have guaranteed. In the past, there were lots of cases in the past when LCD companies in China didn’t keep their promises. There is no Korean who continued working for that kind of company or came back to Korea with much success.

Despite these concerns, the rate of turnover to China is getting higher in industries other than semiconductors, such as the cosmetics, game, aviation, and petrochemistry industries.

Employment instability, excessive working hours, and a closed organisational culture were chosen as reasons for turnover by Korean researchers who moved abroad. The Korean government and private companies should consider those reasons.

Comments From Naver:

ted0****

Korean companies do nothing for their workers. How can they expect them to stay?

blue****

I bet cruel treatment toward natural sciences and engineering caused this situation. The treatment should be improved as soon as possible.

kimd****

Patriotism can’t feed you, so well done guys.

kkk8****

You can’t live on patriotism alone.. I understand them.

페이스북 최한나

It was real that Korean talent goes to work abroad.

yngw****

With those conditions who else doesn’t want to move out?

aved****

If you are competent enough, please leave. We need to change ourselves, shaking off our servile spirit, start thinking about our futures, and taking our rights back. And then, big companies and people in a higher rank will start to check themselves.

djar****

3 years x 9 times=27. Instead of working for 27 years you can get the same amount just working for 3 years.

jbpa****

Medium-sized businesses want to hire well educated people who have graduated from prestigious universities, but their treatment is horrendous. If you can, it is not abnormal to work abroad.

reds****

Korea gives you nothing back, even if you are patriotic. Grab a chance for your success and happiness.

amad****

Wasn’t it nice to exploit Koreans with low wages and treat them like disposable products? Now prepare for hell.

syc2****

Korea doesn’t do anything for us but if someone moves to China they’re regarded as a traitor.

leow****

The reason Korea is mooching off the world powers is they don’t invest in talented people. There is no concept of fostering talent in the long term.

disk****

What has Korea done for people? We hoarded gold during the IMF crisis and we have the highest average annual working hours in the OECD.. We are working so hard but where’s the reward from the government? Do you want us to collaborate like we did in 1988? Nope. In those times there was an idea of helping each other sharing food and etc but it doesn’t exist anymore. Patriotism already disappeared. Conservatives don’t seems to know this expecting Koreans will be like they were in the past. This country changed and people think about only themselves.

enej****

Damn Korea is losing technology, talented people and just everything, ke ke. If I ever get an offer I will leave this country right away.

1210****

So, what the government wants us to be paid in patriotism.

leec****

Salary, welfare… and other circumstances.. it’s an easy decision.

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  • TMB123

    its because korea has no SMEs.

    • Lovelyz

      What is a SMEs

      • hptan

        small and medium enterprises

  • commander

    Those companies in China suggesting a much higher pay to lure skillful Korean workers away from Korean firms may have ulterior motives to extract key know-how or technological secrets out of invited talent, then dismiss them.

    Before taking a seemingly lucrative job offer, it is essential to check job security at those firms and employment law in China.

    On the flip side, if invited workers are not able to speak Chinese, it is not easy to accept the head hunting offer. Separation from the family different food stuffs that do not goes well with the stomach, lack of the amenities that exist in Seoul are a just few inconveniences that come to mind in resettlement to China.

  • Zooba

    No reactions for the AlphaGo – Lee Sedol match?

  • Taeguki

    Those are 화교 not Koreans. Many of them are back stabbers.

  • Korea

    Those are not Koreans. Overseas Chinese born in Korea holding on to Taiwan Passport. Some of them were naturalized Korean because they follow Mother or Father who is Korean lineage. Do not be fooled by Korean News media. 99.9 percent of the times Korean News company don’t do research on the topic.

    • SO

      Good god, what’s with this sudden obsession over Taiwan in KoreaBANG and JapanCRUSH? Your “peninsula” accounts are freaking everywhere.

      • PeninsulaMSN

        Why are you here? What obsession? My ID isn’t Good god!!!!!

        • SO

          1) Because I can. Why are you here?
          2) Your obsession with Taiwan.
          3) “Good God” is an expression in the English language.

          • PeninsulaMSN

            Get your fact straight. I have no obsession with Taiwan. I am here to provide and tell truth.
            If you cannot accept it. It is your problem not mine.

          • SO

            Mhm, so says the one with 200+ accounts. ;)

          • TypeKing

            So are you innocent???

  • KP167

    Korean News media getting confused with actual Korean citizens born and bred here, Overseas Chinese born in Korea with Taiwan passport. Two separate people Korean News media!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • Ticum

      Oh yeah. Definitely. No true Korean would EVER leave Korea to work in a foreign country. Why would they? Korea has everything they need already.
      All these people taking jobs in Korea are not real Koreans. They are double fake, cross fingered secret Taiwanese Chinese PRETENDING to be Koreans. Dont let the media fool you!

      • PeninsulaMSN

        You are ” Cum Shot”!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • FromKorea

    My dad was hired by a Chinese company (not in the semiconductor industry, but another high tech industry) with promises of everything including maid service, free apartment, bonuses, living costs, wages 10 times the high wage he already got in Korea – just about everything you can dream of. The Chinese company fired him after 4 months when dad failed to use his position to transfer vital business information and technology from his former work place in Korea, to the Chinese company. My dad quit a stable well paying job in Korea, and is now paying the price. As I understand, there are no successful Korean who moved to China for these kinds of moves, became really successful. After few months, these Chinese companies will throw you out the window after they suck you dry and find you not useful for their purpose. Their only purpose of hiring Korean tech specialists is to build up their tech industries by buying up the technology and people instead of doing their own research and development which could take painfully long. But I can understand unemployed Koreans taking up offers like this, since they have nothing to lose. For those who quit their existing jobs to take up Chinese offers, they should keep in mind that it may not last long.

    • Blank

      Okay, either your story is complete BS or your dad was really really stupid.
      No offence, but those terms already sound absolutely ridiculous, so much that if your fraud-dars aren’t beaming red, I’m literally questioning your IQ.
      Secondly, say you did all the fact checking, then at the minimum if you’re going to quit your secure job and move to a foreign country, you should at least research the company – is it well established company or a new one? If it is a new one, how big are the risks of it going under in the short term? If you have all of that completely checked, thought through everything and still decided to it’s best to move, then most basic thing before that is to go over the employment contract – what are the minimum employment terms, what about early termination compensation in the case of a breach of contract? At least have a secure piece of legal document that will protect you in the case of an unethical termination. Seriously, your dad is Korean, a foreign national in China, that pretty much grants him a certain leverage over say an average Chinese(mainland national), if he were to take his case to court, I’d say he’s got a pretty good chance of winning a good amount of compensation as well as exposing the industry’s underhanded dealings.

      • Dave Park

        While I agree that the story may be a tad suspicious, you’re seriously thinking that his non-Chinese father has a chance in a Chinese court? Don’t be a fool.

        • blank

          Yes, especially if they bring foreign media (or even Chinese media) into it, you can even say that the Korean citizenship is like a protection.
          How do I say this, I think he’s got a better chance than the average Joe with a Chinese citizenship at least.

          • Xman2014

            ha ha.. wow.. talk about naive. Tell me which foreign company has ever succeeded in their case against any Chinese company, in any dispute (but especially in intellectual properties)? I would wager exactly zero. You have a government that acts like this (and foreign companies who foolishly think they can cooperate with Chinese government in return for market share).

            China Tells US Tech Companies to “Cooperate”
            https://www.youtube.com/watch?v=vOflKhTsv14

          • blank

            Wasn’t talking about company v company, just person/employee. Look it’s one thing if we’re talking about comparing an average foreigner to a well-connected, well established Chinese, but we’re not, we’re talking about comparing a regular, little connections Chinese, in that case, having a foreign passport is an automatic protection, i.e. he would would better than them. And look, I’m not basing this on nothing, I hear it often from the common Chinese person, who aren’t rich or well connect, and they all hold the belief that a foreigner would do better than them in a court against an employer or big company.
            There was this case where a Chinese with a foreign passport sued a big company because she slipped on a wet floor, she was granted a huge compensation, which if she did not have the foreign passport, it’s not far fetched to say that she would have got no where. Similarly, when Chinese people’s homes are on the list for demolition, it really helps their case if they have family members who were not Chinese or at least held foreign passports, because they would get better deals.
            You would be a fool to not recognize that.

      • TMB123

        as if koreans have any leverage in china….

        • SeoulMSN

          Actually they do.

    • Terry “Death to Equality” Xu

      What sounded plausible at first really become hard to believe when you added the paranoid “China’s stealing our stuff!” angle to it

      This is not how you practice nationalism, folks

    • Eidolon

      There’s no free lunch, and you have to have basic common sense. How is a Chinese company going to give you ten times the wages without receiving ten times the benefits? These companies are obviously looking for a massive technology/expertise transfer. They wouldn’t pay you $500,000 a year to do what an average white collar worker does in Korea. They’d go bankrupt in a year operating that way. And they wouldn’t want to pay you for long, unless you actually made them so much money that you’re worth it.

      So of course it’s not going to be a simple matter of moving to China and instantly making ten times your wage. There’s no deal like that any where. Chinese companies are just as “cheap,” ultimately, as Korean companies, and therefore when they suddenly offer ten times the wage, you best understand what’s going on behind the offer.

  • Terry “Death to Equality” Xu

    These guys are too hard on themselves

    China’s a big place with lots of opportunities, there’d be brain drain regardless

  • AskKorean

    Terry, just imagine if China was Democratic, Capitalist nation under 1.4 billion people. Do you seriously think it will work??????????????????????

    • 오다

      i’m questioning that too

    • jixiang

      Yeah, I do. It’s already capitalist in practice, and when it comes to democracy, well if it works in India with 1.3 billion much poorer people….

  • UrbanKorea

    Typical SBS News ( Lack Research News). Those are 화교 ( Overseas Chinese born in Korea with Taiwan or Korean passport Holders). Moving back to China. Main reason they do not belong inside Korean Peninsula.

  • bultak23

    On the opposite side when foreigners workers and students come to Korea they often leave early because in Korea they are “ghettoized.”

    • Trel

      More like migrant workers aka “expats” come to Korea without any useful skills and get upset when they’re only limited to 3D or ESL jobs

      • bultak23

        Who wants to work with a bunch of Nazis?

  • PeninsulaMSN

    Not so sure about Brain drain. Just Overseas Chinese or Chinese with Korean passport wanting to get jobs in China because they cannot find job in Korea.

  • SeoulTokyo

    Mostly overseas Chinese.

  • grammar”BUFU”nazi2KILL

    China is ” Communist”.

  • GMail

    I have heard many Koreans coming back to Korea after they spend in China over 2 years.

  • Korean

    I have my doubts on this article.

  • GoogleIt2Disqus

    I have my doubts.

  • 3608820025168

    9x times salary. Are you serious?????? Info can go all wrong in China.

  • BaekHalla

    Not accurate information.

  • JEng

    It’s volume and the fact that the artists don’t have a lot of expenses for support staff.

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  • George W Trombley Jr.

    According to koreaBANG there hasn’t been any news out of Korea for 3 months. It is a VERY quiet news cycle indeed.

  • KoreanWorld

    Problem with Korea always has been ” System and Leadership” failure. Not Nation.

  • Chris

    Just look at how the Chinese handled the Ssangyong deal, and you know what to expect. I just worry about all the pilots that are going there.
    “If it looks too good to be true,…”

  • KoreanPower

    Not sure this information all true.

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