The National Assembly’s Environment & Labor Committee focusing on passage of the revised Labor Standards Act, which includes reduced working hours The National Assembly’s Environment & Labor Committee mediated between the ruling and opposition parties on reducing working hours through… Continue Reading
1. Government focuses on settlement of minimum wage hikes at industrial sites On 16 January, President Moon Jae-in mentioned at a dinner with owners of small & medium venture enterprises and small businesses that settlement of the minimum wage hike… Continue Reading
Mastering the Labor Standards Act with Dr. Lee (One-day course) – Date: 25 January, 2018 (Thurs.) – Venue: 5th Floor Lecture Room, KEF Building – Course Offered to: HR/labor relations/general affairs managers and staff The 41st KEF Top… Continue Reading
On 11 December 2017, Hyundai Motor held a press conference to announce that “The first and second tier contractors of Hyundai Motor are desperately asking the Hyundai union to cease its strikes and conclude a collective agreement.” A Subcontractors Committee… Continue Reading
On 13 December, Seoul National University Hospital (SNUH) announced that it had concluded wage and collective agreements after 2 days of a strike by the SNUH trade union. In the agreement, labor and management will convert workers in permanent and… Continue Reading
Shinsegae Group announced that it will shift to a 35-hour work week from January 2018. The current statutory working hours in Korea is set at 40 hours per week. With the new work hour system, workers and executives of the… Continue Reading
On 19 December, labor and management at Hyundai Motor concluded a tentative wage and collective agreement, 8 months after the first negotiations in April 2017. Major points in the agreement include: ▲monthly base pay to increase by KRW 58,000 (USD… Continue Reading