SEOUL, Nov. 20 (Korea Bizwire) — A South Korean court ruled for the first time that chauffeurs are laborers with legal rights to engage in collective bargaining. The Eastern Branch of Busan District Court rejected a lawsuit submitted by two chauffeur service providers against three chauffeurs. The two chauffeur services in Busan have been using [...]
SEOUL, Apr. 30 (Korea Bizwire) — The overtime hours average has been on a steady decline at South Korean companies affected by the mandatory 52-hour workweek, a government report said Tuesday. According to the report by the Ministry of Employment and Labor, the average overtime hours per person at manufacturing companies with more than 300 [...]
SEOUL, Sept. 16 (Korea Bizwire) — GM Korea Co. is seeking to establish a new entity for global research and development, which the carmaker’s labor union is strongly opposing, claiming it is a move to shut down its assembly lines here, industry sources said Sunday. According to the sources, the South Korean unit of General [...]
SEOUL, Aug. 21 (Korea Bizwire) – “Provided the current situation remains the same going forward, [industries] excepting a few such as semiconductors, general machinery and weapons manufacturing will lose market share. In particular, the automotive, shipbuilding, petrochemical, textiles, home appliances, and communications devices industries will see their respective global market share drop in 2025 compared [...]
SEOUL, Nov. 16 (Korea Bizwire) – Some 50,000 foreign laborers make their way to Korea each year in search of the “Korean Dream”, but a recent study revealed that these laborers, who are often exposed to substandard working and living conditions, have grown more vulnerable to tuberculosis than the general population. According to the Korean [...]
SEOUL, July 13 (Korea Bizwire) – July 16 is the legal deadline to set next year’s minimum hourly wage, and while members of a part-time workers organization protested for an increase to 10,000 won at Gwanghwamun Plaza Tuesday, another rally was organized by other groups that are pushing the government to freeze wages for 2017. [...]
SEOUL, July 5 (Korea Bizwire) – North Korea claimed Tuesday that the country’s industrial production exceeded its target last month as it started the 200-day campaign to push its people into working harder. North Korea’s industrial production, including coal and electric power, increased 1.2 times in the first month that it launched its hard-work drive, [...]
SEOUL, June 1 (Korea Bizwire) – The number of public firms introducing the government-proposed wage system based on workers’ performance is growing at a faster rate than hoped for, despite growing labor opposition that might lead to legal battles. As of Tuesday, about 70 state-run firms and public organizations out of the total 120 that [...]
SEOUL, May 30 (Korea Bizwire) – South Korea’s unification ministry said Monday that North Korea appears ready to kick off another campaign designed to push its people to work harder starting in June. North Korean leader Kim Jong-un said that the “200-day campaign of loyalty” will be launched in a bid to implement the five-year [...]
SEJONG, May 24 (Korea Bizwire) – The government reiterated its position to adopt a performance-based salary system in state-run companies and institutions on a wider scale by the end of this year, a finance ministry official said Monday, as part of its efforts to reform the public sector. The government has pushed forward with the [...]