Recent news

Latest items of recent news relevant to South Korea as reported in our fortnightly newswire ‘Dernières nouvelles’.

South Korea: Kia Motors

Kia Motors has stated that it expects a Q3 loss following a court decision making regular bonus payments an element of base pay …

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South Korea: The election

The election of Moon Jae-in as President ushers in a new era of liberal politics in South Korea, just as threats from the north grow over the deployment of the THAAD anti-missile defence system …

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South Korea: Policy change in prospect

The election of Moon Jae-in as President ushers in a new era of liberal politics in South Korea, just as threats from the north grow over the deployment of the THAAD anti-missile defence system. Moon promised to root out the corruption of the former government and “close links between government and big business”. However, his party lacks an overall majority and one of the best supported minority contenders in the election was the Justice Party which is committed to rewriting anti-discrimination legislation to uphold the rights of minorities. Other policies that may come to the fore over the next five years are the combatting of youth unemployment and a significant improvement in the minimum wage.

South Korea: Pay settlement rejected

The world’s fifth biggest automotive company, Hyundai Motor, thought last week that it had reached agreement with the Korean Metal Workers Union …

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South Korea: Pay rises in spite of labour market woes

A recent analysis carried out by the Federation of Korean Industries has found that between 1996 and 2014 gross, average wages grew from US$30,880 to US$36,653, whilst labour productivity more than doubled …

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South Korea: How valid is new Wage Minimum?

The statutory national minimum wage in South Korea will rise by 7% next year to 6,470 won ($US ) an hour …

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South Korea: Right to disconnect

A ‘right to disconnect’ Bill has been submitted to the South Korean Parliament by a group of opposition MPs …

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South Korea: Worsening dispute over pay

A dispute between Korean Air and its pilots over pay has led to their union advising pilots not to stay any longer than legally necessary in their cockpits …

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South Korea: Pay deals lower in wake of faltering economy  

Although the annual rate of consumer price inflation fell from 2 …

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South Korea: Plans to abolish mental health discrimination

The Korean Ministry of Health and Welfare has announced that it will be introducing a number of legal and procedural reforms to remove the disadvantage faced by mentally disabled people when seeking insurance and employment …

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South Korea: Wage gap between workers in large and small companies

The pay gap between employees of large and small companies has widened, at least in aggregate, across the South Korean economy …

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South Korea: Tackling gender discrimination in recruitment

The Ministry of Labour in South Korea has announced that it will be issuing recruitment guidelines to larger companies and franchisers in an attempt to tackle the problem of sex discrimination during the recruitment process …

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South Korea: Proposals for more flexible labour laws

The president of South Korea, Ms Park Geun-hye, is trying to push though major changes to make labour laws more flexible …

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South Korea: Large wage gap between native and foreign workers

The Organisation for Economic Co-operation and Development (OECD)’s Employment Outlook 2015 has revealed that, out of 22 countries surveyed, South Korea has the greatest wage gap between native and foreign-born employees …

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South Korea: Minimum Wage Council finally agrees on 2016 minimum wage

South Korea’s Minimum Wage Council has finally reached an agreement to increase the country’s national minimum wage by 8 …

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