Companies Advised to Benchmark Japan on Equal Pay for Equal Work Issue

SEOUL, Oct. 17 (Korea Bizwire) – Experts on Tuesday advised South Korean companies to benchmark their Japanese counterparts to help resolve the equal pay for equal work issue. In a seminar held in Seoul on the government’s wage policies and challenges, Lee Ji-man, a business administration professor at Yonsei University, argued the government needs to set up basic guidelines and arrange consultations among related parties to make the rule of equal pay into law.  In December, the Japanese government offered the equal pay for equal work guidelines to businesses to get them to voluntarily [...]