1 in 115 Big Business Staff Rises to Management

      October 23, 2014 11:12

      The average ratio of executives to total staff in the country's top 30 businesses is 0.87 percent. That means only one out of 115 staff are likely to rise to a management position, according to a study of 184 listed subsidiaries of the top conglomerates by market researcher CEO Score.

      The company with the highest ratio of executives is Mirae Asset with 4.3 percent or 84 executives for every 1,950 staff. Next are Doosan, Daelim, S-Oil, OCI, Kolon, Youngpoong, Hanwha, Dongkuk Steel Mill and Hyosung, where the ratio is over one percent.

      The Samsung Group has the most executives but also the biggest staff, putting it at No. 13. The ratios in the Hyundai Motor Group, POSCO, LG, Daewoo Shipbuilding and Marine and Shinsegae are below the average and their rank below 20th place.

      Women make up a mere 1.7 percent of the 7,628 executives in the top 30 business groups with 131, and the ratio of female executives to female staff is a paltry 0.06 percent.

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