LS Electric to hire over 10% new staff annually amid power supercycle

LS Electric is ramping up efforts to hire more manpower in a bid to secure leadership in the global electricity market amid a supercycle of power equipment, the company said Monday. The move is part of LS Electric Chairman Koo Ja-kyun’s people-centric management philosophy. Koo has underscored the importance of human resources for the firm’s future competitiveness. LS Electric plans to hire more than 10 percent of its annual white-collar workforce each year as part of the drive. Since 2006, LS Electric has maintained a regular recruitment system to ensure a steady inflow of young professionals. In 2023, the firm introduced a global internship program linked to full-time hiring, selecting candidates with strong language skills. They received on-site overseas training and were dispatched to the firm’s overseas business units. LS Electric also conducts year-round hiring for specialized personnel to bolster its research and development. Starting from 2024, the firm has also expanded its partnerships with universities to run field training internships tied to recruitment. The company is

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