Renault Samsung Motors announced that on 22 September it concluded a wage agreement with its trade union for 2017. The trade union passed the tentative wage agreement, since 57.8% of the union members voted in favor. The labor and management… Continue Reading
1. Key Issues in Recruitment and Retirement: 30 Case Studies – Date: 8 November (Tues.) – Venue: 5th Floor Lecture Room, KEF Building – Course offered to: HR/labor relations/general affairs managers and staff 2. Mastering the Roll-based Pay Scheme… Continue Reading
On 15 October, labor and management of Hyundai Motor finally reached a wage agreement. A 2nd tentative agreement was reached on 12 October during the 27th negotiation session: p monthly salary increases of KRW 72,000 (USD 63) p performance-based bonus… Continue Reading
Samsung Group is reducing its managerial-level workers and executives as it seeks to become leaner and reduce costs amid an uncertain market outlook. Samsung said that the ongoing efforts to downsize the workforce corresponds to a plan to layoff workers… Continue Reading
Regarding the KRWU strikes, Korail announced a plan for a breakthrough by restructuring its personnel and organization. On 21 October, Korail said that “Management rights have been severely damaged by the union’s resistance. From now on, Korail will increase productivity… Continue Reading
The Improper Solicitation and Graft Act (the Act) came into force 29 September 2016, capturing the attention of the whole nation. The formulation of the Act was led by Young-ran Kim, the former Chairperson of the Anti-corruption and Civil Rights… Continue Reading
1. Anxiety concerning labor relations in the finance and health industries continues As labor and management in the finance industry failed to finalize industry-level central bargaining on 19 October, the Korean Finance Industry Union (KFIU) is considering engaging in a… Continue Reading