Paris Baguette (PB), a leading bakery franchise in Korea, is facing pressure to directly hire its dispatched workers. After an investigation of Paris Croissant, the parent company of Paris Baguette, the Ministry of Employment and Labor (MOEL) concluded that Paris… Continue Reading
SK Innovation management and its union have come to an agreement to increase employee wages in line with the current inflation rate. This agreement is regarded as an innovative experiment amidst continuous disputes between companies and unions in Korea over… Continue Reading
Doosan Corporation and Doosan Infracore decided to convert their 450 non-regular workers to regular employment status in order to meet the demands of the time when job security has become an important social agenda. Both companies announced their plans to… 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
A recent study has found that the rate of employee aging in Korea is gaining. However, the average age of the unemployed has decreased with growing youth unemployment. The study points out that industries that demand a young work force… Continue Reading