Statutory holidays, contractual holidays and public holidays There are two types of holidays for employees: statutory and contractual. ① Statutory holidays include a weekly holiday with pay (normally Sunday) specified by the Labor Standards Act and Labor Day (May 1)… Continue Reading
A Trade union was recently established in Company A. Immediately after its establishment, the union held a press conference to announce that the company had not been paying for overtime and had been violating the Labor Standards Act and the… Continue Reading
From this year, accident that occurs while a worker is picking up his/her children from school after work is recognized as an industrial accident since the Industrial Accident Compensation Insurance Act (IACIA) has been amended. Before, commuting accidents were only… Continue Reading
Individual Labor Relations Feature Before Revision After Revision Related Laws & Enforcement Date Minimum wage hike · Per hour: KRW 6,470 (USD 6.11) · Per hour: KRW 7,530 (USD 7.11) ※ Per month (40 hours/week, 209 hours/ month including 8… Continue Reading
Mr. A, a convenience store owner, recently received a letter from the local office of the Ministry of Employment and Labor (MOEL) that his store will undergo a labor inspection. Receiving the notice was quite disconcerting and he began trying… Continue Reading
Unfair labor practice has been in the news quite often, and recently, an arrest warrant was served against a CEO charged with engaging in it. The government also announced that it will take stronger action against companies guilty in this… Continue Reading
1. Tripartite members agree on the necessity of resuming social dialogue as soon as possible The tripartite members announced a ‘Tripartite Joint Declaration for Social Dialogue’ in the Asia Future Forum on 16 November. This joint declaration was made by the… Continue Reading