Kim Dong-sun's HanwhaM&S 'Parenting Accompaniment Support Fund' Surpasses 500 Households

*This content was translated by AI.

HanwhaM&S's "Kim Dong-sun-style Parenting Accompaniment Support Fund" has surpassed 500 households.

As of September, a total of 513 households (374 from Life and 139 from Tech) received the parenting accompaniment support fund. This marks nearly double the 280th households recorded in January this year, one year after the system was introduced, within just eight months.

The Parenting Accompaniment Support Fund provides a post-tax amount of 10 million won to households of employees who give birth, regardless of the number of times they have given birth.

In January 2025, Kim Dong-sun, HanwhaM&S Future Jeon Ryak-chong-gwal (President), led the initial rollout of the program across eight group companies including Hanwha Galleria and Hanwha Hotel & Resort. It was later fully expanded to 16 entities, including Hanwha Vision and Ourhome.

Amid rising inflation that is increasingly burdening families with childcare costs, the Parenting Accompaniment Support Fund is providing not only material assistance but also psychological reassurance to employees, effectively fulfilling its role as a "parenting companion."

Kim Shin-young, a manager at Ourhome who gave birth to twins in March this year and received a substantial support of 20 million won in one go, plans to use the funds toward purchasing a new home. Manager Kim stated, "With the arrival of our twins, our family has grown to four members, so we need more space and are planning to move." She added, "Given that loan regulations are becoming increasingly strict, the Parenting Accompaniment Support Fund has been a great help during this worrying time."

A HanwhaM&S official who spoke with this newspaper by phone said, "As we have shared in the childbirth and parenting of 500 employee households, we have once again realized the importance of balancing work and family life. Going forward, we will continue to pursue various forms of accompaniment between employees and the company to ensure mutual growth."

<© STARNEWS. All rights reserved. No reproduction or redistribution allowed.>

*This content was translated by AI.