Recent news
Latest items of recent news relevant to South Korea as reported in our fortnightly newswire ‘Dernières nouvelles’.
South Korea: Government to expand the employment safety net
A review is underway by the National Assembly into the Employment Insurance Act, the Job Seeker Promotion Act, and Life Security Support Act …
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South Korea: Announcement on suspension of visas and visa-waiver
All short-term visas (single and multiple) that were issued on, or before, the 5th of April 2020 have now been temporarily suspended …
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South Korea: Trade Union and Labour Relations Adjustment Act
Employers will be glad to learn that the Ministry of Employment and Labour has finally begun to apply the letter of the Trade Union and Labour Relations Adjustment Act …
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South Korea: As virus cases rise, South Korea’s response is criticized
The country has had the highest number of COVID-19 cases outside China …
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South Korea: Gov’t gives SMEs 1 year grace period to adopt 52-hour work week
Companies with less than 300 employees are now exempted from the maximum 52-hour working week until the end of 2020 …
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South Korea: Environment and Labor Committee continues to dawdle in ratifying core ILO conventions
Parliament’s Environment and Labor Committee are still delaying their scheduled review of proposed revisions to the Labor Relations Act and proposals to ratify ILO Conventions 87 and 98, which concern the freedom of association, and Convention 29, which bans forced labor …
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South Korea: Amendments to the Gender Equality Employment and Work-Life Balance Support Act
Amendments have just been introduced to the Gender Equality Employment and Work-Life Balance Support Act …
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South Korea: Average loan at the end of 2018 was 40M Won
A much ignored factor in the employee–employer relationship in South Korea is the importance of employer (or employer-backed) loans to sustain living standards and pay for such things as housing and language courses …
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South Korea: Hyundai Motor agrees wage deal
A wage deal has been reached between Hyundai Motor Co and its South Korean workers’ union …
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South Korea: Posco workers reach agreement on wage deal
Posco – the largest steelmaker in South Korea – has just reached a deal with its labour union …
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South Korea: Former disability grading system has been abolished
The former disability grading system has been abolished, although a certificate from the “Korean Employment Agency for the Disabled” will still be issued for those with severe disabilities …
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South Korea: 2020 minimum wage set at 8590 won
With effect from 2020, the hourly minimum wage in South Korea will be increased to 8,590 won (US$7 …
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South Korea: 52-hour maximum working week
Back in July 2018, we reported that employees working in companies with 300+ must keep to 40 hours of regular work, with up to 12 hours of overtime – and that the previous legal maximum of 68 working hours were now scrapped …
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South Korea: Monitoring business meetings
The pharmaceutical company MSD is currently using third-party investigators to sit in on sales meetings in order to monitor compliance with the company’s code of ethics …
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South Korea: Changes to workplace bullying and harassment legislation
An Amendment to the Labour Standards Act has just come into force …
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