Labor and management at Ssangyong Motor reached an Agreement to Stabilize Management of Ssangyong Motor,” which was made through tripartite dialogues between Ssangyong Motor labor and management and the Korean Metal Workers Union (KMWU). This agreement opens the door for… Continue Reading
The government plans to adopt a performance-based wage system on a wider scale as part of its efforts to reform the public sector. Public companies and government agencies frequently come under criticism for lax management and mounting debts usually… Continue Reading
Several anti-business bills were presented to the National Assembly in 2015. As the National Assembly was unable to function properly due to a series of incidents such as the MERS outbreak and strong resistance from opposition parties, many labor-related bills… Continue Reading
On 22 January, the MOEL announced final versions of what are being called ‘Two Major Guidelines’ on easing of requirements for unfavorable changes to the rules of employment and general dismissals of low-performing workers. These guidelines form a major part… Continue Reading
1. FKTU officially withdrew from Tripartite Grand Bargaining On 11 January, the Federation of Korean Trade Unions (FKTU) officially withdrew from the Tripartite Grand Bargaining during its central executive committee meeting, due to the government’s unilateral moves. At a press… Continue Reading