SEOUL, Sept. 11 (Korea Bizwire) –Hyundai Motor Co. said Monday its unionized workers have warned of a partial strike this week to demand higher wages after signing wage deals in the past four years without industrial actions, the company said Monday. Hyundai Motor workers will hold an eight-hour strike a day from Wednesday to Thursday [...]
SEOUL, Sept. 11 (Korea Bizwire) — A recent survey showed that the job market for young people will become more challenging in the second half of this year due to the worsening of business sentiment caused by the deepening of uncertainties in and outside of Korea. According to a survey of the nation’s 500 largest companies [...]
SEOUL, Sept. 6 (Korea Bizwire) — The employment rate for women exceeded the 60 percent mark for the first time last year, but the wage gap between genders still remains high, a government report showed Wednesday. The employment index for women aged 15 to 64 reached 60 percent in 2022, up 7.3 percentage points from [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korean steelmaker POSCO is currently facing its first labor strike crisis since its foundation. The labor union at POSCO, which is affiliated with the Korean Metal Workers’ Union under the Federation of Korean Trade Unions umbrella, will hold an inaugural ceremony for its Dispute Countermeasures Committee at the [...]
SEOUL, Sept. 5 (Korea Bizwire) — Chanel Korea’s sales employees, working at domestic department stores and duty-free shops, have launched an all-out strike. Members of the Korean unit of the French luxury fashion house’s labor union, representing sales workers at department stores and duty-free shops, went on strike from Friday to Monday due to management’s [...]
SEOUL, Aug. 30 (Korea Bizwire) — The South Korean government provided more than 10,000 workers, including around 8,400 foreign workers, for local shipbuilders in the first half of 2023 in an effort to ease pandemic-related labor shortages, the industry ministry said Wednesday. A total of 10,104 South Korean and foreign workers were employed by shipbuilders [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s major banks have recently reported multi-year record profits. Ironically, they are now implementing voluntary retirement programs, even for employees in their 30s. At Shinhan Bank, labor and management recently reached an agreement on voluntary retirement conditions. They have decided to accept applications for several days, starting this [...]
SEOUL, Aug. 15 (Korea Bizwire) — The Korea Living Logistics Courier Service Association (KLLCSA), a consortium of courier service providers, has appealed to e-commerce retailer Coupang Inc.’s courier subsidiary, Coupang Logistics Service (CLS), urging its participation in the “No Parcel Day” movement. On August 14, major courier companies in South Korea will refrain from deliveries [...]
SEOUL, Aug. 9 (Korea Bizwire) — Another workplace accident has occurred at a subsidiary of the food and beverage giant SPC Group, marking the second such event at the factory following a fatal accident last year when an employee lost their life due to operating machinery without adhering to basic safety regulations. The SPC chairman issued [...]
SEOUL, July 27 (Korea Bizwire) — The labor union of Kakao Corp. is seeking group action after the South Korean tech giant’s subsidiaries recently carried out voluntary retirement and restructuring. The Korean Confederation of Trade Unions’ Kakao Branch on Wednesday staged a protest in front of the Kakao headquarters in Seongnam, Gyeonggi Province, attended by [...]