JEJU, Jul. 30 (Korea Bizwire) – The recent launch of Coupang’s late-night Rocket Delivery service on Jeju Island has been marred by tragedy, prompting labor unions to demand a thorough investigation and increased oversight of working conditions. On July 29, the Jeju branch of the Korean Confederation of Trade Unions (KCTU) held a press conference outside [...]
SEOUL, Jul. 30 (Korea Bizwire) – For the second consecutive year, Samsung Electronics has been named the most desirable company to work for among college students in South Korea, according to a recent survey. The employment website Incruit announced on July 29 that it had conducted a survey of 962 job-seeking college students nationwide. The survey [...]
SEOUL, July 25 (Korea Bizwire) – In a landmark decision, South Korea’s Supreme Court has ruled that drivers for the ride-hailing service Tada should be considered employees under labor law, potentially reshaping the gig economy landscape in the country. The court’s ruling, announced on July 25, applied traditional employment criteria to determine the status of workers [...]
SEOUL, Jul. 24 (Korea Bizwire) – Baemin, the dominant player in South Korea’s food delivery market with over 60% market share, is facing intense scrutiny following its decision to increase service fees. Civic groups and small business associations have accused the company, also known as Woowa Brothers, of engaging in unfair practices. The government’s newly formed [...]
SEOUL, Jul. 24 (Korea Bizwire) – A recent analysis of remittance data reveals a significant shift in the financial habits of foreign workers residing in South Korea, with an increasing number opting to send money to their own accounts abroad rather than to family members. BC Card, in collaboration with fintech company Global Money Express (GME), [...]
SEOUL, July 23 (Korea Bizwire) – Samsung Electronics Co. and its largest labor union resumed wage talks Tuesday but failed to reach an agreement, informed sources said. The ninth round of talks was represented by Son Woo-mok, head of the National Samsung Electronics Union (NSEU), and Kim Hyeong-ro, the company’s vice president, according to the source. [...]
SEOUL, Jul. 23 (Korea Bizwire) — Health Minister Cho Kyoo-hong on Tuesday criticized some medical professors for threatening to boycott training programs for junior doctors, calling their move “deeply regrettable.” Cho made the remarks as some medical professors have vowed to boycott training programs for junior doctors in protest of the government’s push for accepting [...]
SEOUL, Jul. 23 (Korea Bizwire) – A recent survey has revealed that more than half of foreign-invested companies in South Korea perceive the country’s overall labor market as inflexible, potentially impacting future investment decisions. The Federation of Korean Industries (FKI) conducted a survey from April 2 to 12 through Mono Research, targeting 538 foreign-invested manufacturing companies [...]
SEOUL, July 22 (Korea Bizwire) – A parliamentary committee unilaterally passed a pro-labor bill Monday that aims to limit companies from making claims for damages against legitimate labor union disputes. Lawmakers affiliated with the main opposition Democratic Party and other progressive parties passed the revision to the Trade Union and Labor Relations Adjustment Act, nicknamed [...]
SEOUL, Jul. 22 (Korea Bizwire) — The striking labor union of Samsung Electronics Co. held a rally on Monday, a day before resuming talks with the company to resolve the industrial action over a wage hike, union officials said. About 1,200 unionized workers of the National Samsung Electronics Union (NSEU) joined the rally at a [...]