SEOUL, Oct. 13 (Korea Bizwire) — As Samsung Electronics grapples with a prolonged semiconductor downturn, its labor union has come under criticism for publishing content that favorably compares rival SK Hynix to its own employer, a move some observers say could further dent morale inside the tech giant. The SELU branch of Samsung Electronics under the [...]
A Seoul court rules that stress from complaints and investigation did not amount to an occupational injury. SEOUL, Oct. 10 (Korea Bizwire) — A Seoul court has denied a claim that the suicide of a postal worker, who had faced public complaints and disciplinary action over a mail delivery mistake, constituted a work-related death. According to [...]
SEOUL, Oct. 10 (Korea Bizwire) — South Korea’s Supreme Court has ruled that employees working every other day, such as taxi drivers on alternating shifts, are entitled to only half of the standard weekly holiday allowance, marking a significant clarification in how labor laws apply to nonstandard work schedules. In a decision announced in August, [...]
SEOUL, Oct. 7 (Korea Bizwire) – The government has raised businesses’ mandatory hiring rate for people with disabilities to up to 4 percent to help expand their job opportunities. Under new measures announced by the labor ministry on Oct. 1, private sector businesses will be required to fill 3.5 percent of their workforce with people [...]
SEOUL, Oct. 2 (Korea Bizwire) — Incheon International Airport, South Korea’s main gateway, is bracing for heavier congestion during the upcoming Chuseok holiday as security screeners and other airport staff escalate labor actions over pay and staffing levels. Roughly 2.45 million passengers are expected to pass through the airport, about 50 kilometers west of Seoul, [...]
SEOUL, Oct. 2 (Korea Bizwire) — Nearly four in ten foreign companies operating in South Korea view the new government’s labor policies unfavorably, with particular concern over the recently enacted “Yellow Envelope Law,” a survey shows. According to a poll released Wednesday by the Korea Foreign Enterprises Association (KOFA), 41 percent of the 100 foreign-invested [...]
SEOUL, Oct. 1 (Korea Bizwire) — South Koreans in their 20s have seen the weakest real income growth of any generation over the past decade, according to a new analysis, underscoring concerns over job quality and rising living costs that continue to weigh heavily on the country’s youth. The Korea Economic Association (HanKyungHyup) reported on [...]
SEOUL, Oct. 1 (Korea Bizwire) – Unionized workers at 15 airports nationwide, including the nation’s main Incheon International Airport, launched an indefinite strike Wednesday, raising concerns of possible disruptions to air travel ahead of the Chuseok holiday period. The general strike began at 6 a.m. at airports across the country, involving unions representing about 15,000 [...]
SEOUL, Sept. 29 (Korea Bizwire) — South Korea’s two largest automakers, Hyundai Motor and Kia, have agreed to broaden the scope of “ordinary wages” in their latest labor agreements, a move that could reshape labor relations and intensify cost pressures across corporate Korea. The accords, reached earlier this month, follow a Supreme Court ruling last December [...]
SEOUL, Sept. 29 (Korea Bizwire) — For middle-aged and older South Koreans seeking a second career, technical licenses are proving to be a reliable path into steady employment and higher wages. A government survey released Sunday by the Ministry of Employment and Labor and the Korea Research Institute for Vocational Education and Training found that [...]