① FKTU decides to walk out of labor market reform talks The Federation of Korean Trade Unions (FKTU) held an urgent central executive committee meeting on 8 April and declared its intention to walk out of discussions on structural reform… Continue Reading
Government plans to follow up labor market reform discussions with legislation on issues where tripartite consensus is reached After the FKTU’s declaration of its intention to walk out of the labor market structure reform discussions, the Minster of Employment &… Continue Reading
① KCTU plans a general strike in April On 19 February, the Korean Confederation of Trade Unions (KCTU) held its central executive committee meeting and confirmed detailed plans for a general strike in April. The KCTU also held a… Continue Reading
MOEL releases its Analysis of the Current Situation & Effect of Introducing a Wage Peak System The Ministry of Employment & Labor (MOEL) released its analysis of the current situation & effect of introducing a wage peak system’… Continue Reading
Burden on companies seem to increase with labor’s demands for excessive minimum wage hike Labor is working on a large increase of minimum wage in 2016. The KCTU (Korean Confederation of Trade Unions) held a press conference on 12… Continue Reading
The Ministry of Employment & Labor (MOEL) has stated its plans on reforming labor market structure in a report to the President. The government’s plans to amend related labor law are given in Table 3. [Table 1] MOEL Plans for… Continue Reading
On 12 February, the Korean Confederation of Trade Unions (KCTU) held a regular convention and discussed its strike plans for 2015. The KCTU is planning general strikes in April and November, a minimum wage related strike in June, and joint… Continue Reading