Leave Archives | Be Korea-savvy
In Tough Times, Employees Face Salary Cuts, Unpaid Leave

In Tough Times, Employees Face Salary Cuts, Unpaid Leave

SEOUL, May 31 (Korea Bizwire) – Not many employees would say no to a time off work, but being forced to take unpaid vacation is a completely different story. Daewoo Shipbuilding & Marine Engineering (DSME), which is currently suffering from extreme debt and going through vigorous restructuring efforts, has recently decided to cut salaries and force [...]