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 [...]
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 [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korean airlines have seen a shrinking number of employees since the COVID-19 pandemic, many of whom left their jobs after struggling with long-term leave. Korean Air Lines Co., South Korea’s national flag carrier, had 17,555 employees on its payroll as of earlier this year, down by 430 people [...]
SEOUL, Aug. 10 (Korea Bizwire) — The number of employees hired by South Korean startups rose by about 10 percent in one year, data showed Tuesday. According to the Ministry of SMEs and Startups, the number of employees hired by the nation’s 34,362 startups totaled 761,082 as of the end of June, up 67,605 from [...]
SEOUL, June 24 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — are coming up with ways to ensure work-life balance for employees. During a recent meeting with female employees, Samsung Vice Chairman Han Jong-hee announced that the company will introduce a reboarding program for employees returning [...]
SEOUL, June 17 (Korea Bizwire) — South Korean top carmaker Hyundai Motor Co. has set off to take care of the “hearts” of employees. The company on Thursday invited renowned pediatric psychologist Dr. Oh Eun-young to its headquarters in southern Seoul to hold a counseling event. The aim of the event was for employees to [...]
SEOUL, June 8 (Korea Bizwire) — Nearly 15 out of 100 employed people in South Korea changed jobs in 2020 amid the sluggish job market hit by the COVID-19 pandemic, data showed Wednesday. The number of registered employees in South Korea, who are eligible for state insurance programs, came to 24.83 million in 2020, up [...]
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” [...]
SEOUL, April 26 (Korea Bizwire) — With office workers facing regular commutes again following the end of social distancing policies, many are complaining about heavier spending forced by higher prices and interest rates. “When working from home, I was able to cook my own meals. Now, I have to start buying meals to eat,” said [...]
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 [...]