6 Out of 10 Office Workers Start Giving Holiday Cash Gifts to Parents After Starting Employment

Visiting Hometowns Instead of Traveling Becomes More Common During Chuseok

More than six out of ten employees give their parents holiday allowances after getting a job. Most respondents said that the appropriate time to stop receiving allowances from parents is "until one is a student."

Infographic of Eugene Group Chuseok Survey Results. Eugene Group

On September 17, Eugene Group announced the results of a survey on Chuseok holiday plans for this year, conducted among 1,008 employees from its affiliates, including Eugene Corporation, Eugene Investment & Securities, Tongyang, Eugene Home Center, Eugene Logistics, and Eugene Hanil Synthetic Fiber.

According to the survey, 65.6% of employed respondents said they started giving holiday money to parents "after getting a job." This was followed by "after marriage" (15.8%), "after becoming an adult" (8.7%), and "after becoming independent from home" (7.1%).

The findings show that starting economic activity is viewed as the main criterion for beginning to give allowance to parents, rather than age, marital status, or independence.

As for when it is considered appropriate to continue receiving allowances from adults, the most common answer was "until one is a student" (49.0%). This was followed by "until adulthood" (22.2%) and "until getting a job" (20.2%).

Allowances accounted for the largest share (70.8%) of expected spending during Chuseok. This was followed by "holiday gift expenses" (12.0%), "travel expenses" (7.6%), and "dining out costs" (5.3%).

The average expected expenditure for this year's Chuseok holiday is KRW 936,000, a 5.9% decrease compared to last year's KRW 995,000.

The proportion of people planning domestic or overseas travel during the holiday dropped from 13.3% last year to 11.3% this year, a decrease of 2.0 percentage points. Meanwhile, the percentage of respondents planning to visit their hometown or parents’ house increased by 11.2 percentage points, from 64.1% to 75.3%.

The main reason for not making travel plans was "lack of time due to a short holiday" (37.0%). In contrast, those planning to travel cited "the pleasant weather being good for travel" (34.7%) and "wanting to make the most of even a short break by traveling" (32.4%) as their reasons.

An official from Eugene Group stated, "Through this survey, we were able to observe changing holiday practices among employees, including holiday allowances, spending, and how they use their time off," adding, "We will continue to communicate and gather diverse opinions and insights on the lifestyles of our employees in the future."

This content was produced with the assistance of AI translation services.