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Court Recognizes Chauffeurs as Laborers

Court Recognizes Chauffeurs as Laborers

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 [...]

Overtime Hours on Steady Decline at Companies Subject to 52-hour Workweek

Overtime Hours on Steady Decline at Companies Subject to 52-hour Workweek

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 [...]

Key Korean Industries’ Global Market Share Predicted to Drop in 10 Years

Key Korean Industries’ Global Market Share Predicted to Drop in 10 Years

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 [...]

Korean Government Bolsters Treatment, Prevention for Foreign TB Patients

Korean Government Bolsters Treatment, Prevention for Foreign TB Patients

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 [...]

Government to Adopt Performance-based Salary System without Labor’s Consent

Government to Adopt Performance-based Salary System without Labor’s Consent

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 [...]