1. Strategic course on establishing & operating wage systems based on job& performance – Date: 20 July (Thurs.) – Venue: 5th Floor Lecture Room, KEF Building – Course offered to: HR/IR/General affairs managers and staff 2. Key… Continue Reading
Korea’s 5 major automakers began wage/collective bargaining for 2017, paying sharp attention to labor trends which have gained momentum with the new government. Concluding collective agreements will not be easy this year. Management has complained of decreasing revenues with stagnation… Continue Reading
Samsung Electronics (SE) has decreased its global workforce for the first time in 7 years. According to the company’s Sustainable Report 2017, the total number of employees working in 80 countries was 308,745 as of the end of 2016, representing… Continue Reading
Lotte Group has decided to continue its effort to increase employment by hiring 70,000 workers over the next 5 years and converting 10,000 non-regular workers to regular employment status over the next three. Chairman Dong-bin Shin of Lotte Group explained… Continue Reading
‘Company A’ has a youth internship program in which participants may be converted to regular employment status. New employees go through this internship program, after which 70% become regular employees based on evaluation of their work performance. ‘Intern A’ received… Continue Reading
■ The new government to push ahead with its policy agenda in three steps: Administrative action → Policy goals → Legislation If the new administration hopes to implement all of its labor and employment policies, it will need to revise related… Continue Reading
Labor unions stage strikes over minimum wage for 2018 The Minimum Wage Council’s 8th plenary meeting on 5 July involved discussions on whether to apply different minimum wage levels by the type of business. A vote decided that this would… Continue Reading