[Kobiz Stats] Annual Working Hours Per Capita

[Related Article]  Big Change ahead for S. Korea’s Labor Standards (Korea Bizwire, April 10)

The discussion in the National Assembly surrounding cutting back on work hours is gradually converging on the introduction of a 52-hour workweek scheme.The subcommittee for labor-management-government negotiation for social issues under the National Assembly’s Environmental and Labor Committee held on April 7 a third meeting to narrow the difference on work hour reduction and the definition of the “ordinary wage,” a hot-potato issue that would determine the level of bonuses, overtime allowances, and retirement pensions. The subcommittee will hold a public hearing for two days on the 9th and 10th.  (see the full text of this news)

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