SEOUL, July 30 (Korea Bizwire) — Foreign companies operating in South Korea are voicing strong opposition to the so-called “Yellow Envelope Law,” warning it could significantly raise legal risks and operational burdens — with some even suggesting they may reconsider their presence in the country if the bill passes. The legislation, led by the ruling [...]
SEOUL, July 30 (Korea Bizwire) — South Korean employees are spending an estimated 25.1 billion hours annually on repetitive administrative work, including data management and routine reporting, according to a global survey released Monday by Dropbox in partnership with polling firm YouGov. The survey, which included over 10,000 full- and part-time workers across seven countries [...]
SEOUL, July 29 (Korea Bizwire) — President Lee Jae Myung on Tuesday called for stronger workplace safety measures to prevent fatal industrial accidents and tougher punishments against violators. Lee made the remarks during a Cabinet meeting that was aired live, following the fifth fatal workplace accident this year at a construction site operated by POSCO [...]
CHANGWON, South Korea, July 29 (Korea Bizwire) — South Korea’s southeastern province of South Gyeongsang will begin hiring skilled foreign workers for its shipbuilding industry in the second half of this year, as part of a new government-backed visa pilot aimed at addressing a critical labor shortage in key technical roles. On Monday, the provincial [...]
GWANGJU, July 28 (Korea Bizwire) — A recent case of workplace bullying in Naju, South Korea, has once again exposed the harsh realities faced by migrant workers—many of whom suffer in silence under a labor system critics say traps them in abusive conditions. According to the Gwangju-Jeonnam Migrant Human Rights Network and the Jeonnam Labor [...]
SEOUL, July 28 (Korea Bizwire) — A majority of foreign-invested companies in South Korea view the country’s labor relations as confrontational and its labor market regulations as excessively rigid, according to a new survey released Sunday by the Korea Economic Research Institute (KERI), an arm of the Federation of Korean Industries. The poll, conducted by [...]
SEOUL, July 24 (Korea Bizwire) — As South Korea debates a proposal to raise the statutory retirement age from 60 to 65, a new survey reveals a stark generational divide over how such a change could impact youth employment. According to findings released Wednesday by the Korea Employers Federation (KEF), 61.2% of unemployed young job [...]
SEOUL, July 24 (Korea Bizwire) – Restaurants remained the most common workplace for South Korean teenagers working part-time jobs last year, but new data suggests significant changes in youth employment patterns over the past decade. According to a study released Tuesday by the National Youth Policy Institute, 39.3% of middle and high school students who worked [...]
SEOUL, July 23 (Korea Bizwire) — In South Korea, new graduates entering research and development roles earn the highest starting salaries, while those in media and public relations receive the lowest, according to a new analysis by career platform JobPlanet. JobPlanet analyzed 1.42 million salary records collected from employment insurance data and ranked job categories [...]
SEOUL, July 14 (Korea Bizwire) — A new report from the Korea Immigration Policy Institute reveals that over 78 percent of all workplace injuries suffered by foreign workers in South Korea in 2023 occurred in the construction and manufacturing sectors. According to the analysis, of the 8,434 work-related accident cases approved for industrial accident compensation [...]