As non-regular workers fall further behind in wages, benefits, and protections, a growing segment of the workforce risks being left out of the country’s economic future. SEOUL, April 30 (Korea Bizwire) — In South Korea’s rapidly changing labor market, a widening wage chasm is sending a sobering message: for non-regular workers, the dream of financial parity [...]
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 [...]