A South Korean company is ready to pay millions of dollars to help fix the country’s abysmally low birth rate. Booyoung Group, a construction firm based in Seoul, plans to pay employees 100 million Korean won ($75,000) each time they have a baby, it said in a press release Monday. It will also pay a total of 7 billion Korean won ($5.25 million) in cash to employees who have had 70 babies since 2021, the company added. The benefit is available to men and women, a company spokesperson told CNN. At 0.78 in 2022, South Korea has the world’s lowest fertility rate — which indicates the average number of children a woman ... (full story)