The prevailing outlook for the Korean economy in 2011 is that growth will be weaker than in 2010. Circumstances in oil producing Arab nations in the Gulf are not stable, and global prices for raw materials (including oil) are a… Continue Reading
Workers are free to establish or join more than one trade union in a single workplace from July 1, 2011. Until now, establishment of multiple unions in a single workplace was not allowed in Korea. The basic principle of the… Continue Reading
Enterprises are struggling to keep up with increasing competition triggered by globalization of the economy. The labor market and business environment is also rapidly changing from technology development. Enterprises are increasingly avoiding direct employment and have begun seeking new ways… Continue Reading
In 2011, union pluralism is emerging as the hottest issue of labor relations. Labor, business and government has made a joint effort to revise the Trade Union and Labor Relations Adjustment Act (TULRAA) for 13 years. According to the revised… Continue Reading