[News] Work Efficiently, Compensate Fairly : DAEIL SYSTEMS Advances Human Resources Practice

DAEIL SYSTEMS, a manufacturing company specializing in vibration isolation systems,  is working to improving its HR system to foster a better corporate culture. DAEIL SYSTEMS has partnered with EON Consulting Group (ECG), a specialized HR consulting firm, to enhance its organizational structure and HR systems, including job roles and compensation frameworks.

This decision to enhance the company’s internal HR and job systems through external expert analysis reflects its core values. Among DAEIL SYSTEMS’s eight corporate values, “Innovative Leadership” emphasizes the management’s responsibility to create an innovative and productive organizational environment that nurtures these values. Sungkuk Kim, COO of DAEIL SYSTEMS, explained the reasoning behind the HR improvements: “With rapid growth in sales and operating profit, and an anticipated increase in demand for vibration isolation systems, we aimed not only to expand our workforce but also to improve the efficiency and satisfaction of our current employees.” Last year, DAEIL SYSTEMS achieved approximately 7.6 billion KRW in export revenue. Internal data shows a compound annual growth rate (CAGR) of 11% in sales revenue from 2019 to 2023, reflecting a consistent upward trend.

DAEIL SYSTEMS’s “Organization Diagnosis and HR System Improvement Project,” in partnership with a specialized HR consulting firm, aims to boost employee satisfaction, lay the groundwork for performance improvement, and enhance HR management efficiency. The project will start with a detailed assessment of the organization’s current status and HR processes, and designing the  roles, evaluation, and compensation systems to refine the overall HR framework.

Tailored to DAEIL SYSTEMS’s unique role as a manufacturer of vibration isolation systems, the project will help employees work more effectively and receive fair rewards based on their performance. The gradual introduction of a performance-based system is expected to address the needs of the MZ generation, which will be pivotal to the company’s future success. This approach is also anticipated to increase motivation, improve productivity, and support the company’s growth potential.

By undertaking this HR innovation, DAEIL SYSTEMS is making significant strides towards becoming a “more humane” company and getting closer to becoming the world’s leading manufacturer of vibration isolation systems. Given that employee satisfaction is closely linked to company growth, DAEIL SYSTEMS’s focus on its people is likely to have a positive impact on its overall expansion. This forward-thinking move toward a better future is what makes DAEIL SYSTEMS’s prospects so promising.

EON Consulting Group, with 23 years of experience, is a comprehensive management consulting firm known for delivering successful consulting services to large corporations, mid-sized companies, and the public sector.