POSCO E&C

Happiness and Safety

POSCO E&C pursues the happiness of employees
in a pleasant work environment.

Our goal is to grow into a refined global corporate citizen, and the foundation for this goal starts with the happiness of employees. Streamlined communication and building positive relationships with colleagues are crucial factors in terms of employee happiness. These are also extremely important when striving for the continuous growth of the company and the advancement of sustainable development goals (SDGs).

We are a company
that delivers happiness for all

POSCO E&C builds an environment in which employees can work creatively and adventurously by forming psychological safety within the organization. We pursue a satisfying corporate culture where employees and the company can grow together.

POSCO E&C conducts the annual POSCO-Great Work Place survey (P-GWP) targeting all employees. Through a comprehensive analysis of employees’ satisfaction levels in terms of leadership, how they work, and work environment, we make improvements and establish a system and culture where employees can experience psychological safety at work.

The 2020 P-GWP survey showed a three-point increase compared to the previous year with a total survey score of 84 out of 100 points. The following are viewed to be the cause for the increase of points: improvements in the way they work, enhanced work and life balance, good leadership of executives, and strengthened and sincere communication with Millennial employees.

Open Communication

Regular suggestions
made by employee representatives
The labor and management representatives communicate with the employees through the Labor and Management Council held regularly, and the Young Board, which comprises employees from Generation MZ, suggests new ideas to the management for the company’s sustainable growth.
Town hall meetings
per division
Town hall meetings are where executives collect anonymous opinions through a live broadcast to establish ground rules within divisions and heighten the level of trust between employees.

Culture of positivity and appreciation

Compliment coupon system
A system in which the president and division heads select excellent employees and the office heads and PDs regularly reward employees for meritorious deeds and profitable results.
Operation of diverse reward systems
- The president and division heads give awards for meritorious deeds.
- Office heads and PDs regularly reward excellent employees.

Site-focused Management

Favorable consideration in employee evaluation
promotion for those who served in remote sites
Favorable consideration for expanding the distribution ratio of evaluation and promotion
Project completion ceremony
and commendation
Gratitude and encouragement are shown on-site employees through plaques of appreciation and compliment coupons and announcing project completion
Various communication channels
for on-site employees
Online meetings held to solve the grievances of on-site employees, Thanks Delivery program that delivers gifts and messages of gratitude by staff members to on-site employees

Gender equality and protection of motherhood

A certified family-friendly company

The Best Family Friendly Management certification of the Ministry of Gender Equality and Family certifies businesses with notable family-friendly policies in relation to childbirth, childcare support, flextime system, and so forth.

Improved policies
for raising low birthrates
- Leave for prenatal tests
- Fertility treatment leave
- Shortened working hours for employees with young children
Expanded cash reward
for childbirth
- First child: KRW 1 million
- Second child: KRW 5 million
Work-from-home
for parents with young children
Employees with 8-year-old children or younger may choose to fully or partially work at home
Extended period
of parental leave
Extended from 1 year to 2 years

Emotional care

Family-friendly activities
- Operation of in-house daycare centers
- Financial support for the physical checkups of employees’ spouses
- Tuition fee support for employees’ children
- Support for gifts in Family Month and the operation of Welfare Mall
- Holiday gifts and other useful items with CEO’s message for the families of employees working abroad
Therapeutic counseling program
A program to support not only our employees but also the family members of employees working abroad
On-site overseas medical support
Contact-less medical consultation at overseas sites with poor medical benefits and operation of air ambulance for emergencies

Growth support

Support for personal development
Employees can use up to KRW 2.4 million per year for purchasing online lectures or books related to their jobs, language studies, IT, or health.

Growth coaching program
- We encourage the growth and motivation of employees through regular communication between leaders and employees.
- Employees can request for job rotations.
Operation of diverse programs inside and outside the company
Employees are given opportunities for education inside the company, such as the e-Learning program, Construction Management Academy, junior MBA, and invitational lectures by experts. They can also request for participation in outside programs.

Support for career as an expert technician
We guarantee employees’ growth as field directors and technicians through the selection of experts/masters in each field.

Work & life balance and refresh leave

Quarter day-off
2-hour leave

Vacations for employees who served for long years
Two-day leave for 10/20/30 years of service
Early dismissal on Fridays
5:10 p.m. from Mondays to Thursdays
4:20 p.m. on Fridays

Resort rentals
Pyeongchang Residence, Daemyung Resort, Hanwha Resort, etc.
Welfare card
Benefited with KRW 1.3 million/year (also available in local currencies)

CCTV Operation policy

CCTV Policy for the Protection of Personal Information

CHAPTER I GENERAL PROVISIONS

Article 1 (Purpose)

The purpose of this Policy is to fulfill appropriate duties and comply with applicable laws by setting matters POSCO E&C Ltd. (the “Company”) must comply with in relation to the installation and operation of closed-circuit televisions and protection of footages.

Article 2 (Definitions)

The terms used in this Policy shall be defined as follows:

1. The term closed-circuit television (“CCTV”) is a type of communication network, in which the footages recorded from the CCTVs located in specific sites are collected and transmitted to exclusive receivers through wired/wireless closed-circuit channels.
2. The term “footage” refers to CCTV recordings of which the recorded subject can be identified.
3. The term “data subject” refers to an individual who can be identified from the footage; that is, the subject of footage.
4. The term “processing” refers to the act of handling data collected through CCTVs, such as inputting, saving, editing, deleting, playing, and other similar acts, excluding the collection of such data.

Article 3 (Scope of Application)

(1) In relation to the installation and operation of CCTVs needed for crime prevention, facility security, and fire safety, as well as the protection of footages that are collected and processed by the aforementioned reasons, the provisions of this Policy shall be observed, unless special provisions are stipulated in other laws.
(2) Use of auxiliary cameras for CCTVs installed and operated by the Company shall also comply with this Policy, regardless of the fact whether their recordings are treated as actual footages or not.

Article 4 (Protection of Footages)

(1) The Company shall collect minimum scope of footages that meets the purpose of CCTV installation.
(2) The Company must have the data subject clearly aware of the installation purpose as mentioned in paragraph (1) of this Article. The footages shall not be used for other purposes than the said purpose.
(3) The Company shall secure accurate and the latest footages and manage them in a safe manner.
(4) The Company shall disclose general matters in relation to the handling of footages and protect the rights of data subjects.

CHAPTER II REQUIREMENTS FOR CCTV INSTALLATION

Article 5 (Notification of Installation Plans, etc.)

In the event of installing a CCTV, the Company shall prepare a CCTV installation and operation plan (“Plan”) that includes the following items:

1. Purpose of CCTV installation;
2. Division in charge of CCTV control: Handling officer and contact details;
3. Number of cameras, locations, performance, and scope of recording of the CCTV to be installed and operated;
4. Standard of the caution sign to be installed and the installation location in accordance with Article 7(1);
5. Contents, procedures, and methods regarding the data subject's exercise of rights and means of objection;
6. CCTV recording time, retention period of footages, methods of storage, management, and deletion of footages, and storage location of footages;
7. Actual location where footages transmitted from CCTVs are accessed and played, and access control to the said location;
8. Grounds, procedures, and methods of providing or granting access to footages to a third party; and
9. Other matters recognized to be necessary for the protection of footages

Article 6 (Designation of CCTV Managers)

(1) The head of the division in charge of the installation and operation of CCTVs shall be designated as the CCTV General Manager, while his or her staff shall be designated as CCTV Operation Manager(s) (“CCTV Manager(s)”).
(2) The CCTV Manager shall take charge of duties in relation to the installation and operation of CCTVs, reception and handling of complaints, and collection and processing of footages.
(3) The CCTV Manager shall designate and manage a separate Personal Information Handler and inform the CCTV General Manager of relevant information in the event of CCTV installation and/or other changes.

Article 7 (Installation of Caution Signs)

(1) In the event of installing a CCTV, the Company shall put up caution signs regarding CCTV operation and the collection of footages for the recognition of data subjects.
(2) The signs in relation to paragraph (1) of this Article shall mention the following items:
- 1. Purpose of CCTV installation;
- 2. Recording scope and time; and
- 3. Information on the CCTV handling division, CCTV Manager, and contact details
(3) The signs in relation to Paragraph (1) of this Article shall be installed within the recording scope where they are easily visible and understood by data subjects.
(4) Notwithstanding Paragraph (2), in the event of installing several CCTVs in the Company’s building, the sign that complies with Paragraph (1) may mention that the whole building is within the recording scope and can be attached only on the building exits.

CHAPTER III REQUIREMENTS FOR HANDLING FOOTAGES

Article 8 (Limitation on Collection)

(1) CCTVs shall not be arbitrarily manipulated or shoot other places beyond the purpose of their installation during collection of footages.
(2) Footage rotation and zooming features that have no relation to the purpose of CCTV installation may not be used during collection of footages.

Article 9 (Limitation on Processing)

Footages of a data subject may not be used for other purposes than the CCTV installation purpose or be granted access or provided to a person who has no access authority: Provided, That this shall not apply in any of the following circumstances:

1. Where consent is obtained from the data subject;
2. Where the data is given access or provided to the data subject;
3. Where special provisions exist in other laws;
4. Where the data is provided in a pseudonymized manner when it is required for the purposes of reporting by the media through newspapers or broadcasting;
5. Where there is an urgent reason for not obtaining the data subject's consent when the risk that the rights and interests of the data subject may be infringed is clear and present;
6. Where it is necessary for the investigation of a crime, indictment, and/or prosecution; or
7. Where it is necessary for the enforcement of punishment, probation, and custody.

Article 10 (Safeguards, etc.)

The Company shall designate a place where footages transmitted by CCTVs are actually accessed and played (“Control Center”) as a restricted zone and strictly limit the access of individuals apart from those who have been granted the authority.
(2) The Company shall limit the authority to access footages to CCTV Managers and the minimum number of designated personnel.
(3) The Company shall regularly inspect and check the normal operation of CCTVs and keep an accurate record regarding the matters.
(4) The Company shall seek for technical and managerial safety measures in response to illegal access, alteration, leakage, and damage of footages.
(5) The Company shall prepare a training course on the personal information protection of data subjects for those who are granted authority to access footages.

Article 11 (Request for Access, etc.)

(1) A data subject may request to confirm the existence, access, and/or delete footages to the Company.
(2) In relation to the request as mentioned in the paragraph (1) of this Article, the Company shall take immediate action in accordance with Article 5(5).
(3) Notwithstanding Paragraph (2) of this Article, the Company may refuse to take action in the event of any of the following circumstances. In this case, the grounds for refusal and objection method shall be informed (including information and communications networks) to the data subject within seven (7) days.
- 1. Where it may cause grave difficulties in performing investigation of crimes, prosecution, and conduct of trials;
- 2. Where deleting only the footages of a specific data subject is extremely difficult in technical manner;
- 3. Where taking appropriate action as prescribed in Paragraph (1) of this Article may infringe upon other's privacy rights; or
- 4. Where there are appropriate grounds to refuse the request for access, etc., that meet the public interest.

Article 12 (Retention and Deletion)

Footages collected through CCTVs shall be deleted without delay once the data retention period mentioned in the Plan expires: Provided, That when it is difficult to determine the minimum period of time required to achieve the purpose of data retention due to the nature of a division, the retention period shall be within thirty (30) days after the collection of footages.

CHAPTER IV SUPPLEMENTARY PROVISIONS

Article 13 (Consignment of Duties)

(1) In the event of consigning the duties in relation to the installation, operation, and management of CCTVs, the Company shall take necessary safety measures to prevent the abuse of footages and supervise the consignee.
(2) The consignee who is granted authority to access footages in relation to paragraph (1) of this Article shall undergo a training course as mentioned in Article 10(5).[lh1]

Article 14 (Confidentiality)

Those who handle or have handled footages shall not use the obtained data for inappropriate purposes, such as revealing, processing without authority, and/or providing for the use of another person.

Article 15 (Exclusion)

This Policy shall not be applied to CCTVs installed and operated to supervise the duties of individuals who are with the military regardless of their duties.

Personal Data Processing Policy Legal Disclaimer

CCTV Operation policy

CCTV Policy for the Protection of Personal Information