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flag South Korea's Booyoung Group pays employees up to $75k per baby to combat low birth rate, allocating $5.25M to 70 children since 2021.

flag A South Korean construction company, the Booyoung Group, is offering its employees up to $75,000 each time they have a baby as an effort to combat the country's low birth rate. flag The company has already made cash payments totaling $5.25 million to staff who have had 70 children since 2021. flag The initiative aims to alleviate the financial burden of raising children by directly supporting employees through cash payments.

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