Recent news
Latest items of recent news relevant to South Korea as reported in our fortnightly newswire ‘Dernières nouvelles’.
South Korea: Recognition of occupational accidents for children with health impairment
Where a pregnant employee’s unborn child suffers from injury, illness, or disability or subsequently dies due to an industrial accident involving the pregnant mother, handling of (or exposure to) harmful substances in the course of performing her duties whilst pregnant or an accident during commuting, this will be regarded as an occupational accident …
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South Korea: Scope of industrial accident insurance benefits to be expanded
An amendment to the Industrial Accident Compensation Insurance Act has abolished the requirement that an employee has to meet certain criteria, such as pay level or hours worked at a specific workplace, to receive benefits under industrial accident compensation insurance …
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South Korea: Government suggests increasing overtime limit from 52 to 69 hours a week
Legislation has been drawn up to increase the maximum working week to 69 hours …
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South Korea: Economy shrank in Q4 2022
The National bank has released figures indicating that the economy contracted by 0 …
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South Korea: Kia urged to end job guarantees for union workers’ children
The Labour and Employment Ministry is pressing Kia Motors to end its current practice of offering unionized workers’ children priority for employment in the company …
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South Korea: Further truckers ordered back to work
The current long-running dispute by freight transport workers has been deeply affecting South Korea’s export-led economy …
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South Korea: Advisory Group publishes its opinions about labour reforms
In July 2022, the State President Yoon Suk-Yeol formed a group of 12 experts to review the future of the labour market …
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South Korea: New pay deal for Kia workers
The 30,000 Korean workforce has agreed a package consisting of an increase of 98,000 won (US$68 …
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South Korea: ‘Yellow envelope law’ likely to deepen labor-management conflict
Trade unions are continuing to press for revision of Articles 2 and 3 of the Trades Union Act …
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South Korea: Provisional salary deal in the banking and finance sector
It has taken six months to negotiate, but finally a national agreement has been concluded for 2022 covering all operational employees in the sector …
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South Korea: Supreme Court rules against peak wage system
The system was first adopted to reduce labour costs whilst allowing retiring employees to work for a few more years …
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South Korea: Fertility rate falls to the lowest in the World
Last year, the country broke its own record by reducing its fertility rate to 0 …
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South Korea: Entitlement to work beyond a 52-hour week due to end soon
On 31st December 2022, the legal facility for employers with up to 30 employees to ask their employees to work beyond a 52-hour week will come to an end …
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South Korea: National Assembly debates right to disconnect Bill
The Bill does not seek to ban all out of hours communications, but prevent repeated calls, emails, text messages or social media messages, especially late at night …
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South Korea: Samsung Electronics to sign its first-ever collective bargaining agreement with unions
Samsung Electronics signs first wage agreement in 53-year history …
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