China News Service, March 22. According to South Korea’s "Joongang Ilbo" report, the South Korean government is considering relevant plans and intends to cancel all cadres of the public agency when it discovers violations similar to the South Korean Land and Housing Corporation (LH) employees speculating on real estate. Performance bonus for employees.
Even the violations and corruption of individual employees will be held accountable for the management and supervision of all agencies.
Recently, employees of the Korea Land and Housing Corporation were exposed to speculation in violation of regulations, causing public outrage.
On March 21, the Ministry of Planning and Finance and other South Korean government agencies stated that they are considering plans to improve the performance evaluation system of public agencies to prevent such incidents from happening.
A related person from the South Korean government stated that "Although the LH incident is essentially a personal violation, the mismanagement of the agency should also be held responsible for this. Therefore, the government is considering improving the performance evaluation system of public agencies."
According to reports, the government is considering increasing the scores of the "ethical management" and "public nature" indicators when evaluating the performance of public institutions. The most important thing is to increase the scores of the "ethical management" indicators directly related to the "LH incident" (100 The full score is 3 points).
According to the report, in the performance evaluation of public institutions carried out in 2020, LH's score on the "ethical management" indicator was a failure (level D), but due to the low score of this indicator, LH still received the highest rating in the comprehensive score. (Level A).
The South Korean government also intends to deduct its performance evaluation scores from more indicators for public agencies that have committed serious violations.
For example, in the "LH incident", in addition to deducting the scores of the ethical business indicators, the leadership of the agency will also be held accountable for mismanagement and supervision, and the leadership score of the person in charge of the agency will be deducted.
If the score fails in the performance evaluation, the person in charge of the agency may be dismissed, and other cadres and employees will not receive bonuses.
The report pointed out that, given that the bonuses of many public agencies account for more than 10% of the salary structure, the cancellation of bonuses will cause a major blow to the corresponding agencies.
LH, who has exposed real estate speculation problems, is likely to fail the previous year's performance evaluation this year, and the bonuses issued last year based on the results of the 2019 performance evaluation may also be withdrawn.
South Korea’s Deputy Prime Minister and Minister of Planning and Finance Hong Nam-ki stated at the National Assembly’s Planning and Finance Committee plenary meeting on March 18, “We will use the LH incident as an opportunity to improve related systems. More severe punishments will be given in the evaluation."