1. Provisional session of the National Assembly in February The National Assembly opened a provisional session in February (from 30 January to 28 February) with the start of the regular session on 30 January. [Schedule of Provisional Session… Continue Reading
Direction of MOEL Labor Policy in 2018 On 18 January, the Ministry of Employment and Labor (MOEL) submitted to the Prime Minister a 2018 report evaluating 2017 that stated ‘the foundation of income-led growth’ had been established and announced… Continue Reading
Labor focuses on pending labor issues including reduction of working hours The two major umbrella unions held press conferences (FKTU on 16 January, KCTU on 17 January) to propose the direction of major agendas for 2018 including the promotion of… Continue Reading
The National Assembly’s Environment & Labor Committee focusing on passage of the revised Labor Standards Act, which includes reduced working hours The National Assembly’s Environment & Labor Committee mediated between the ruling and opposition parties on reducing working hours through… Continue Reading
1. Government focuses on settlement of minimum wage hikes at industrial sites On 16 January, President Moon Jae-in mentioned at a dinner with owners of small & medium venture enterprises and small businesses that settlement of the minimum wage hike… Continue Reading
1. Labor and management in the finance industry reach an agreement on 2017 industry-level collective bargaining Labor and management in the finance industry reached an agreement to increase total wages by 2.65% during the third industry-level collective bargaining on… Continue Reading
Labor and government differ on the passage of bills related to reduction of working hours According to the press, officials from the Blue House (Cheong Wa Dae), the ruling party, and the government have agreed to pass bills related to… Continue Reading