Amorepacific Offers Voluntary Retirement Amid Rapidly Changing Business Environment
Creatrip Team
3 months ago
Amorepacific Group announced voluntary retirement packages to proactively respond to fast-changing domestic and global business conditions. This is the first such program in five years since 2020. Eligible employees include those in support and offline sales roles with 15+ years of service, and experienced hires aged 45 or older. Affected companies include Amorepacific Holdings, Amorepacific, Innisfree (이니스프리), Etude (에뛰드), Amos Professional, Osulloc (오설록), and Espoir (에스쁘아). Severance offers: employees with 20+ years receive 42 months' base salary; those with 15–19 years and experienced hires aged 45+ receive two months' base pay per year of service. Additional support includes two years of comprehensive health checkups for the employee and spouse after retirement. The company says the program aims to strengthen overall operations and provide substantial help for employees seeking new careers.