SEOUL, July 13 (Korea Bizwire) – Hyundai Motor Co.’s labor and management have concluded their wage negotiations without a strike for the sixth year in a row, agreeing on the highest wage increase in the company’s history. The union said Saturday its members have voted to accept a tentative wage deal reached earlier in the [...]
SEOUL, July 12 (Korea Bizwire) – In an unprecedented move, the National Samsung Electronics Union (NSEU) has launched its first general strike in the company’s history, focusing its efforts on semiconductor production lines to amplify its impact. On July 11, the fourth day of the strike, approximately 350 union members gathered in front of the 8-inch [...]
SEOUL, Jul. 12 (Korea Bizwire) – The minimum wage for next year was set at 10,030 won (US$7.30) per hour Friday, marking the first time the compulsory hourly minimum wage has surpassed the 10,000 won level. The rate reached during the 11th plenary meeting of the Minimum Wage Commission marks an increase of 170 won, [...]
SEOUL, Jul. 12 (Korea Bizwire) — Senior doctors at three major hospitals affiliated with Korea University were set to begin reducing treatment of non-critical patients Friday, joining walkouts by two other major hospitals in support of striking junior doctors. The planned walkout by Korea University’s three hospitals — Anam Hospital, Guro Hosptial and Ansan Hospital [...]
SEOUL, July 10 (Korea Bizwire) – Unionized workers at Samsung Electronics Co., staging the biggest labor action in the technology giant’s 55-year history, declared an “indefinite general strike” Wednesday, stepping up pressure over their demand for a pay raise. After a three-day strike scheduled to come to an end Wednesday, the National Samsung Electronics Union [...]
SEOUL, Jul. 10 (Korea Bizwire) – A recent study has revealed that teachers in South Korea face more than twice the risk of developing work-related mental illnesses compared to other civil servants, shedding light on a growing concern in the country’s education sector. The research, published in the latest issue of the international journal Occupational Medicine, [...]
SEOUL, Jul. 10 (Korea Bizwire) — Unionized workers at Samsung Electronics Co., staging the biggest labor action in the technology giant’s 55-year history, declared an “indefinite general strike” Wednesday, stepping up pressure over their demand for a pay raise. After a three-day strike scheduled to come to an end Wednesday, the National Samsung Electronics Union [...]
SEOUL, Jul. 10 (Korea Bizwire) — South Korea added fewer than 100,000 jobs for the second consecutive month in June due to the slowing growth of manufacturing jobs and the weak construction industry, data showed Wednesday. The number of employed people came to 28.91 million last month, up 96,000 from a year earlier, according to [...]
SEOUL, Jul. 9 (Korea Bizwire) — The government has notified hospitals that it will reduce next year’s quota of trainee doctors unless they accept their resignations by next week, according to officials and the medical community Tuesday. The move is seen as a measure to put pressure on trainee doctors, who have left their worksites [...]
SEOUL, Jul. 9 (Korea Bizwire) – In an unprecedented move, Samsung Electronics’ largest labor union, the National Samsung Electronics Union (NSEU), launched a three-day general strike on July 8, marking the first time in the company’s history that employees have engaged in a “no work, no pay” strike. With over 6,500 union members participating, concerns are [...]