SEOUL, Nov. 29 (Korea Bizwire) – Major South Korean pay TV operators are implementing voluntary retirement programs amid deteriorating business conditions, drawing criticism for shifting the burden of financial challenges onto workers. Following LG HelloVision, the country’s largest cable TV operator by subscribers, both Skylife and HCN have announced voluntary retirement plans. Skylife revealed its program during [...]
SEOUL, Nov. 28 (Korea Bizwire) – The South Korean government announced measures on Wednesday to relax visa requirements for skilled foreign workers and increase hiring caps for construction firms, aiming to address chronic labor shortages and support regional development. Under the new policy led by the Ministry of Justice, foreign workers with over five years of [...]
SEOUL, Nov. 28 (Korea Bizwire) – On Wednesday morning, a heavy snowstorm blanketed the Seoul metropolitan area, forcing many delivery workers to make a difficult decision: stay safe or earn higher wages. A delivery rider from Incheon, identified as Mr. A, initially planned to take the day off for a health checkup. However, the sudden surge [...]
SEOUL, Nov. 27 (Korea Bizwire) — A post shared by a small business owner (referred to as A) on an online forum has sparked a wave of support from others in the same sector, many expressing frustration with the behavior and work ethic of the millennial generation, particularly those in their 20s. A voiced disappointment [...]
SEJONG, Nov. 27 (Korea Bizwire) – South Koreans experience their largest per-capita financial deficit of 40.78 million won at age 17 and reach their maximum surplus of 17.53 million won at age 43, according to new government data. Labor income begins declining after peaking at 43, leading to a return to deficit spending at age 61. [...]
SEOUL, Nov. 26 (Korea Bizwire) – A leading South Korean garment manufacturer, ShinTS, has inaugurated a large-scale recreational park for its workers at its Ethiopian manufacturing facility, marking a significant expansion of its employee welfare initiatives in Africa. The opening ceremony for the park and daycare center, held on November 22 at the company’s facility in [...]
SEOUL, Nov. 25 (Korea Bizwire) – A provision to exempt semiconductor R&D workers from South Korea’s 52-hour workweek regulation faces potential elimination from the proposed Semiconductor Industry Special Act, dealing another blow to efforts to reform the country’s strict labor laws. According to parliamentary sources on November 24, the National Assembly’s Trade, Industry, Energy, SMEs, and [...]
SEOUL, Nov. 24 (Korea Bizwire) – Around 3,000 members of the Korean Confederation of Trade Unions (KCTU), including workers from the National Delivery Workers Union, gathered in front of Seoul Station on November 24 to protest against the growing pressures in the delivery industry. The demonstrators, primarily from the service sector, called for an end to [...]
JEJU, Nov. 24 (Korea Bizwire) –A new remote work initiative, Another Office, launched by Jeju Province in March, is drawing attention and positive feedback from public officials. Designed for civil servants ranked sixth grade or lower, the program allows them to temporarily work from designated public facilities instead of their regular offices. Originally exclusive to [...]
SEOUL, Nov. 22 (Korea Bizwire) – A major conference addressing the rights and working conditions of emotional laborers, who make up 40% of South Korea’s workforce, was held at Seoul City Hall on November 20, drawing approximately 500 participants including industry workers, experts, and officials. The conference, organized by the Seoul 120 Dasan Call Foundation, revealed [...]