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Labor Trends

March 2, 2016admin
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  Labor plans to focus on action against the government to block implementation of performance-based wage systems and planned labor reform policies in the first half of 2016   On 15 February, the Federation of Korean Trade Unions (FKTU) held… Continue Reading →

Trends in Government

March 2, 2016admin

  Government plans to increase the number of non-regular workers who are converted to regular ones and spread the atmosphere to private firms   On 17 February, the Ministry of Employment & Labor (MOEL), the Ministry of Strategy & Finance… Continue Reading →

Supreme Court Decision: Hyundai Motor’s financial support for union is ruled as an unfair labor practice

March 2, 2016admin
court decision

According to the Supreme Court ruling, if a trade union is financially supported by its company in terms of accommodation for executives and expenses for time-off officers, then the trade union should return this support to its company as it… Continue Reading →

Compensatory Leave Systems

March 2, 2016admin
labor law

Company A has a wide range in average working hours according to season, with extended and night work during peak seasons and a lighter workload in off-seasons. Additional wages for extended and night work during peak seasons is a burden… Continue Reading →

Nine public financial institutions to introduce a performance-based wage system

March 2, 2016admin

The Financial Services Commission (FSC) announced that nine state-run financial agencies will introduce a performance-based wage system. These nine agencies are the Korea Deposit Insurance Corp., Korea Asset Management Corp., Korea Housing Finance Corp., Korea Credit Guarantee Fund, Korea Technology… Continue Reading →

KEF Education & Training Programs in March 2016

March 2, 2016admin
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  1. Strategic Process for Wage & Collective Bargaining 2016 – Date: 11 March (Fri.) – Venue: 5th Floor lecture room – Course offered to: HR/General Managers and staff members   2. Introduction to Labor Law – Date: 16 ~18… Continue Reading →

Kumho Tire management & union reach agreement on wage

March 2, 2016admin
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Kumho Tire’s management and union reached a collective agreement on wage after nine months of negotiations. Kumho Tire’s union, an affiliate of the Korean Metal Workers’ Union (KMWU), voted on the tentative wage agreement on 18 and 19 February, with… Continue Reading →

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Recent Posts

  • KEF Training & Education Programs in May 2018
  • Hyundai Motor Group to create 3,000 social enterprise jobs over 5 years
  • LG R&D facility opens after KRW 4 trillion investment; 190,000 jobs projected
  • KFIU calls for cessation of bank teller duties during lunch time
  • Korean Government: “Government subsidy shall be received on the basis of labor-management consensus and GM’s long-term business plans.”
  • Expansion of holidays and processing of holiday work
  • Trends in Labor
  • Trends in the National Assembly
  • Trends in Government
  • KEF Education & Training Programs in April 2018
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