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12 pct of Small Business Employees Paid Less than Minimum Wage: Poll

12 pct of Small Business Employees Paid Less than Minimum Wage: Poll

SEOUL, Sept. 6 (Korea Bizwire) — More than 1 in 10 individuals working at businesses with fewer than five employees are paid less than the minimum wage, a poll showed Monday. The Federation of Korean Trade Unions conducted a survey of 470 people working at small businesses with fewer than five employees, which showed that [...]

Majority of Shipyard Workers are ‘Non-Affiliated’ Employees: Data

Majority of Shipyard Workers are ‘Non-Affiliated’ Employees: Data

SEOUL, Aug. 26 (Korea Bizwire) — About 6 out of 10 workers at South Korean shipbuilding companies turned out to be “non-affiliated” employees of subcontractors rather than the shipbuilders that use their services, government data showed Thursday. According to the Ministry of Employment and Labor, there were around 5.2 million regular workers hired by the [...]

Companies Step Up to Offer Better Welfare Benefits as Employees Prioritize Work-Life Balance

Companies Step Up to Offer Better Welfare Benefits as Employees Prioritize Work-Life Balance

SEOUL, May 16 (Korea Bizwire) — With a growing number of Koreans choosing to focus on their work-life balance, particularly among office workers from the MZ generation (those born between the 1980s and 2000s), companies are setting out to provide more welfare benefits to employees. Battery maker LG Energy Solution Ltd. introduced a “Healing Trip” [...]

Hyundai Motor to Support Post-retirement Life of Employees in Their 50s

Hyundai Motor to Support Post-retirement Life of Employees in Their 50s

SEOUL, April 22 (Korea Bizwire) — Hyundai Motor Co. has introduced a new program to support senior employees who want to look for new career opportunities after early retirement. The South Korea’s leading carmaker recently started operating a Career Consulting Service (CCS) program targeting employees over 50 who want to change jobs or careers, according [...]