Elevator World

Otis Signs Gender Equality Agreement In South Korea


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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com
OTIS SIGNS GENDER EQUALITY AGREEMENT IN SOUTH KOREA
On May 28, Otis Elevator Korea Vice President and Managing Director IS Cho signed the "Partnership for Inclusive Growth and Gender Equality" agreement with the South Korean Ministry of Gender Equality and Family. Otis says it is the first construction company in the country to do so. More than 30% of Otis’ executives are women, including CEO Judy Marks. By 2022, Otis aims to increase this to 35%, with a focus on hiring women in the engineering, sales and maintenance departments. To prevent an opportunity gap, Otis Korea encourages measures such as flexible work hours and partners taking childcare leave. The company also offers training, workshops, cultural campaigns and mentorship programs through its in-house Women’s Council.
Image credit: courtesy of Otis
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