LG Ranked Among Top 5 Best Employers in the World

In partnership with leading market research firm Statista, Forbes has evaluated South Korean multinational LG Corp.

as one of the top 5 employers out of 750 corporations in the latest World’s Best Employers list.

Run in partnership with market research firm Statista, the World’s Best Employers list surveyed 160,000 full-time and part-time workers from 58 countries.

Respondents were asked to rate satisfaction across a range of criteria, including their employer’s response to COVID-19, the company’s economic footprint, talent development, gender equality and social responsibility.

Emerging as one of the high performers, LG Corp. has an extensive global employee network across its range of subsidiaries. At the heart of its operations in the Gulf region is LG Electronics, the subsidiary of LG Corp. which comprises of home appliances, home entertainment and air solutions, in addition to business solutions and vehicle components. 

LG Electronics prides itself on pushing the boundaries of innovation to offer smarter and more optimized solutions which not only increase efficiencies, but also create enjoyment and improve quality of life.

At the heart of this commitment is what LG refers to as ‘Jeong-do Management’ – an approach which embodies the highest ethical standards to always conduct business in a transparent, fair and honest manner. Employees are inducted into the workings of ‘The LG Way,’ a focus on customer value creation and maintaining a people-orientated approach. 

Talent Development
Focused on not only attracting but also retaining the best talent, LG Electronics ensures employee growth via its Career Development Program and One-on-One Caring System. These programs are avenues through which open dialogue and training programs are tailored to individual skillsets and excel personal achievement.

The company encourages ongoing education and learning development providing its own Business Function College, divided into 14 areas, offering more than 800 on and offline courses. To help employees acquire the relevant capabilities required for their positions and functions in, LG has also developed a roadmap that assigns mandatory and elective courses to keep individuals on their paths to progression.

Diversity and Inclusion
LG believes in creating an environment in which differences in values and beliefs are an asset to the company. LG is making every effort to create a workplace in which people of all backgrounds are respected and their voices are heard. The company believes that it is this diverse range of perspectives and inclusiveness which helps to strengthen the value proposition of LG among its competitors.

Response to COVID-19
While all companies experienced a degree of disruption due to the pandemic, pre-existing investments in networking and communications infrastructures led to a relatively seamless transition to remote working for LG employees both in the Gulf region and globally.

From internal meetings and discussions with local retailers, to consumer interactions and media-focused product launch events, LG is leveraging collaboration technologies to ensure its engagements with all audiences remains consistent and as experiential and engaging as possible. 

“LG’s ranking as a top employer globally is a testament to our efforts to create workplace environments in which our teams have the opportunity to thrive.

In recent times, we have had to think fast, not only about how we engage with external audiences, but also how we create an equally welcoming virtual workplace environment.

It gives me great pride to see how my colleagues, while being physically distant, have leveraged technology to become closer than ever.

Our focus will firmly remain on putting our employees first, listening to their needs and helping to drive their personal ambitions. I would like to extend a heartfelt thanks to all of our staff for their continued efforts and determination to champion the LG brand,” said Mr. Hongju Jeon, President, LG Electronics Gulf.