Startups facing recruitment difficulties South Korea 2021

Published by L. Yoon, Jun 26, 2024
According to a survey conducted in South Korea in 2021, more than 64 percent of startup founders said it was difficult to recruit workers. The main reason for the perceived labor shortage was that more skilled workers were moving abroad and large companies were increasing salaries so that small startups could not compete with them.

Share of startup founders facing recruitment difficulties in South Korea from in 2021

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Release date

October 2021

Region

South Korea

Survey time period

August 5 to 19, 2021

Number of respondents

168 startup founders and co-founders

Supplementary notes

Original questions:
Do you experience difficulties in recruitment regarding business operation?

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