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An image of a South Korean baby being bottle-fed milk by a social worker.
This photo taken on May 24, 2017 shows social workers caring for a baby at the Jusarang Community Church in southern Seoul. The number of abandoned babies has jumped in recent years in the wake of a law intended to protect children

Jung Yeon-Je/AFP via Getty Images

  • Some South Korean companies are giving out $75,000 bonuses to employees who have kids.
  • Two firms, Booyoung Group and Ssangbangwool, announced their birth programs this month.
  • The fertility rate in South Korea was 0.78 in 2022, far lower than the 2.1 it needs to maintain its population.

A South Korean firm is offering employees up to $75,000 to have children and help lift the country's ailing birth rate.

Tags
economy, Parenting, south-korea, Children, Bonus
Source
South Korean companies are offering workers $75,000 to have babies amid the cou…