labor reform Archives | Be Korea-savvy

Yoon Gov’t Advised to Revamp 52-hour Workweek, Wage Systems

SEOUL, Dec. 13 (Korea Bizwire) — The direction of the Yoon Suk-yeol government’s labor reform policy has become more concrete with a focus on overhauling the rigid 52-hour workweek and strengthening the performance-based pay system. The 52-hour workweek law introduced in 2018 during the previous Moon Jae-in government to prevent overwork mandates that overtime work [...]

Umbrella Union Walks Out of Talks With Gov’t, Management

SEOUL, Jan. 19 (Korea Bizwire) – South Korea’s major umbrella labor union declared Tuesday the breakdown of a trilateral deal on labor reform, citing the government’s “unilateral” push for a plan to make the labor market more flexible. It also said it will not participate in future talks with management and the government to address [...]