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The female employee associations in various locations of HMC have consistently organized the program since 2002. The raised funds, in turn, are used to support a variety of activities in cooperation with other communal organizations in an attempt to fulfill the slogan of "Moving the World Together".
The Employment Payroll Donation Program channels the collected funds to pre-designated bank accounts each month after employees' signatures are received. The company doubles the amounts collected, based on a policy called the Matching Grant, to form the final fund.
HMC uses this fund to provide for many social commitment activities, including financial aid for education of children who have lost parents to car accidents, support for children suffering from incurable diseases, and funding to feed impoverished children.
The financial aid program for children who have lost parents to car accidents has been developed to help children, receive, the education they need in order to ensure self-sufficiency and advancement. HMC donates the fund it has collected to relevant social organizations, which then select the beneficiaries of the full-time scholarships and partial financial aid. The company plans to expand its support for these child.
Female Worker's Association in Ulsan organize the payroll donations for the cause of feeding hungry and impoverished children in the community. Together with the support of the Ministry of Education of Ulsan, this program provides funding for feeding children at local elementary, middle, and high schools.
HMC also sponsors the Lunch Delivery Program for Hungry Children in the area together with the General Social Welfare Institute of Buk Gu. HMC plans to expand the scope of the project in order to further assist children suffering from poverty.
"We believe it's our duty as employees of an auto-making company to help those in need after car accidents." Employees at HMC dealerships in Seoul and the Gyeonggi Area have been missing 1,000 won from their monthly payrolls for the last four years, since 1,000 from each employee's payroll is deposited automatically into the fund organized by Acacia, one of the female associations at the company. Fractions of employees' payrolls had gathered to make a handsome sum of 40 million won by the end of last year. The company doubled the fund, making it 80 million won, which came to be known as the Angel Fund.
Acacia started the campaign in 2000. Although the members had tried selling candy bars in their workplaces to raise fund for the local orphanages, it was their first time to attempt at organizing something so long-term and systematic. They drew their colleagues' support by asking them to participating in creating a fund for helping those in need by collecting small amounts of money every month, getting their signatures of consent.
As the intra-company broadcast programs, newspapers, and online bulletin boards shared the news, the Acacia members found themselves suddenly surrounded by enthusiastic comments and encouragements from their coworkers. The organization has increased the number of participating employees as well: more than two thousands of the twenty-six hundred employees at the company's headquarters donate part of their payrolls. Similar campaigns are waged independently in the Ulsan and Jeonju plants as well.
Acacia visited the office of Beautiful Store Organization in December, 2002. They concluded an agreement with the organization to collect efforts in creating a fund for providing financial aid to college and university students whose parents died from or were disabled by car accidents. The association first delivered a total of 40 million won to the organization. They delivered the same amount the following year. In 2004, they delivered a total of 80 million won in the fund titled the Angel Fund.
Jeon Eun-jeong of the Overseas Sales Department who is now the chair of Acacia says, "the association, in July and August, will inform coworkers who are not participating yet of the joy of sharing." She added, "the fund should be delivered to and used by those in need."
Beautiful Store Organization is planning to provide full scholarships for two semesters for five of the applicants who submit their applications and undergo interviews.
The female employee associations in various locations of HMC have consistently organized the program since 2002. The raised funds, in turn, are used to support a variety of activities in cooperation with other communal organizations in an attempt to fulfill the slogan of "Moving the World Together".
Female Worker's Association in Ulsan organize the payroll donations for the cause of feeding hungry and impoverished children in the community. Together with the support of the Ministry of Education of Ulsan, this program provides funding for feeding children at local elementary, middle, and high schools.
"We believe it's our duty as employees of an auto-making company to help those in need after car accidents." Employees at HMC dealerships in Seoul and the Gyeonggi Area have been missing 1,000 won from their monthly payrolls for the last four years, since 1,000 from each employee's payroll is deposited automatically into the fund organized by Acacia, one of the female associations at the company. Fractions of employees' payrolls had gathered to make a handsome sum of 40 million won by the end of last year. The company doubled the fund, making it 80 million won, which came to be known as the Angel Fund.
Acacia visited the office of Beautiful Store Organization in December, 2002. They concluded an agreement with the organization to collect efforts in creating a fund for providing financial aid to college and university students whose parents died from or were disabled by car accidents. The association first delivered a total of 40 million won to the organization. They delivered the same amount the following year. In 2004, they delivered a total of 80 million won in the fund titled the Angel Fund.