Persistent difference of opinion between labor and management regarding the scope of wages to be included in calculations of minimum wage On April 13, the Environment and Labor Committee of the National Assembly opened a sub-committee to hear opinions… Continue Reading
Tripartite discussions on reforming the social dialogue organization The tripartite partners of Korea reached a consensus on some issues regarding revision of the social dialogue organization, including its name, at the Tripartite Representative Meeting on April 3. Discussions involved… Continue Reading
Professional Administration & Management of Korea’s 4 Social Insurances – Date: 11 (Wed.) ~ 12 (Thurs.) April – Venue: 5th Floor Seminar Room, KEF Building – Course offered to: HR/labor relations/general affairs managers and staff The KEF Labor Management… Continue Reading
The union of STX Offshore & Shipbuilding Co. staged an all-out strike to protest the company’s restructuring program, which is about to reduce 75% of its labor costs. The union announced that about 700 unionized workers, including 300 on leave.… Continue Reading
E-mart Inc. is speeding up its restructuring by shutting down or selling off struggling stores. E-mart shut down its stores in Haksung, Bupyeong, and Siji as well as its locations in Hanam and Pyeongtaek last year. It also decided to… Continue Reading
Kumho Tire’s union voted to sell the company to the Chinese firm Doublestar. According to Kumho Tire, 60% of the 2,741 voters were in favor of the sale to Doublestar. Over 90 percent of the company’s 2,987 union workers participated.… Continue Reading
Only one in four (27.3%) foreign-invested companies doing business in Korea is satisfied with the Korean business environment, according to a survey of 300 foreign CEOs conducted by the Korea Trade-Investment Promotion Agency (KOTRA). 7.7% of respondents said they were… Continue Reading