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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 [...]

Samsung Electronics to Launch Flexible Work Hour System Next Month

Samsung Electronics to Launch Flexible Work Hour System Next Month

SEOUL, Mar. 31 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. said Tuesday it will implement a full-fledged flexible work hour system starting in April, adding it will also be applied to overseas branches in the near future. Under the plan, employees are given the choice of when to come and leave their [...]

[Kobiz Stats] Annual Working Hours Per Capita

[Kobiz Stats] Annual Working Hours Per Capita

  [Related Article]  Big Change ahead for S. Korea’s Labor Standards (Korea Bizwire, April 10) The discussion in the National Assembly surrounding cutting back on work hours is gradually converging on the introduction of a 52-hour workweek scheme.The subcommittee for labor-management-government negotiation for social issues under the National Assembly’s Environmental and Labor Committee held on April 7 [...]

Big Change ahead for S. Korea’s Labor Standards

Big Change ahead for S. Korea’s Labor Standards

SEOUL, April 10, 2014 (Korea bizwire) – The discussion in the National Assembly surrounding cutting back on work hours is gradually converging on the introduction of a 52-hour workweek scheme. The subcommittee for labor-management-government negotiation for social issues under the National Assembly’s Environmental and Labor Committee held on April 7 a third meeting to narrow [...]