The Korea Employers Federation recommends adjusting wages within the range of 2.3% for this year. This percentage includes any wage increases from the change of ordinary wage scope, retirement age of 60 and working hour reduction. Korean companies these days… Continue Reading
FKTU to demand wage increase while continuing labor strife against the government regarding ordinary wage On 13th February, the FKTU held its first executive officers’ meeting after the election of the new leadership. Various issues were discussed at the… Continue Reading
The KCTU held its regular convention on 13th February to finalize its action plan for 2014 including a series of rallies to oust President Park, expand the range of ordinary wage and implement a direct election system. For the 1st… Continue Reading
Regular Conventions of KCTU-affiliated Unions ∙ Regular convention of the Korea Health & Medical Workers’ Union (18th ~ 19th February) ∙ Regular convention of the Korean Cargo Transport Workers’ Union (22nd February) ∙ Regular convention of the Korean Federation of… Continue Reading
1. ELC launches its Subcommittee on the Promotion of Tripartite Dialogue On 14th February, the Environment & Labor Committee (ELC) of the National Assembly launched its Subcommittee on the Promotion of Tripartite Dialogue (hereinafter “the Subcommittee”) and selected the tripartite representatives… Continue Reading
In Company Y(an auto parts maker), as wage negotiations did not go smoothly, its trade union refused to work on weekends and holidays, and reduced its production (70%→50%→30%), resulting in significant losses for carmakers. In another instance, trade union of… Continue Reading