LG Energy Solution (LGES)’s CEO Youngsoo Kwon strongly believes employees are his most important customers. Having always believed that its competitiveness stems from the happiness of its workers, LGES has not only consistently recruited the best talent to take the EV industry forward, but also strived to create working environments that make its employees feel included, valued, and supported. Simply put, LGES has reinforced its leading position by ensuring its people – the first and foremost customer – can thrive and grow with the company.
In line with this, LGES Michigan now offers 100 percent company-paid health care to its full-time employees and their eligible dependents, which includes medical, dental, and vision. These best-in-class compensation package places LGES Michigan as one of the highest-paying employers in the region. Although such essential health-related welfare should be every employee’s basic right, less than 5 percent of U.S. employers offer fully-paid-for medical coverage.
Another basic but essential aspect of welfare is childcare. The very first step in enabling the perfect work-life balance is allowing workers to focus solely on their work knowing that their loved ones are well looked after. That’s exactly why LGES Michigan offers diverse options for childcare financial assistance to its full-time employees. Here are just some of the amazing benefits available to them:
The Bambino app provides babysitting services to connect parents and sitters whenever and wherever they need it. LGES Michigan gives each employee USD 110 a week to spend on the service with a simple referral code.
All LGES employees receive discounts for KinderCare services, an early learning program that goes beyond daycare. They can save 10 percent on full-time, part-time, and drop-in tuition at more than 1,600 KinderCare Learning Centers across the U.S. Employees located in Michigan receive 40 percent off standard tuition rates.
A dedicated care professional ‘Wellthy’ is provided to LGES employees in Michigan. Wellthy offers families affordable and high-quality care support tailored to their needs, such as babysitters, private tutors, and extra-curricular activities for the kids.
Such level of childcare is essential for professionals as it helps them progress in their careers and reach their ambitious goals, without having to worry about their children while they are at work. This long-overdue move is expected to boost diversity and equity in the workplace.
“I have found the company’s childcare assistance program to be extremely helpful to assist with paying a babysitter to watch my young son while I’m at work,” said Hazel Foster, Senior Learning & Development Specialist. In pursuit of the very best employee welfare, LGES Michigan is more committed than ever to listening to employees’ voices under the strong belief that their happiness is what makes the company competitive and exemplary in such an important, growing market.
This is also a great way of realizing the company’s ‘people-oriented management,’ one of the foundations of the ‘LG Way’ philosophy which considers people as the most important asset. By securing such an inspiring work environment, LGES presents its employees the opportunity to reach their full potential and constantly develop their skills and knowledge every time they come into work.