The billionaire boss of a South Korean construction company Booyoung Group is encouraging his workers to have children with a $75,000 bonus

South Korea’s corporate giants are stepping in to help reverse the trend that could see the country’s workforce halve within 50 years. AJ_Watt—Getty Images

How much is putting your career aside to have a baby worth? A $75,000 bonus, at the South Korean construction company, Booyoung Group. 

The Seoul-based firm is handing out 100 million Korean won ($75,000) each time an employee has a baby to help reverse the country’s declining birth rate—and it’s even backdating payments to those who started a family before the policy came into place.

“If the current state of low birthrates…