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Majority of Part-time Workers Worry about Being Replaced by Kiosks: Survey

Majority of Part-time Workers Worry about Being Replaced by Kiosks: Survey

SEOUL, Aug. 8 (Korea Bizwire) — A majority of part-time workers expect they will be replaced by kiosks due to the rise in minimum wage, with those working at restaurants and cafes expressing the most concern, a portal survey said Tuesday. Alba, a portal for job seekers, asked 644 members between July 27 and Aug. [...]

Lobby for Smaller Businesses Opposes Minimum Wage Hike

Lobby for Smaller Businesses Opposes Minimum Wage Hike

SEOUL, Jul. 28 (Korea Bizwire) — A business lobby representing small-sized businesses on Friday filed a complaint against the government’s decision on next year’s minimum wage hike. Earlier this month, a tripartite commission of the government, labor and management reached an agreement to increase the minimum hourly wage to 7,530 won (US$6.68) in 2018, up [...]

Oh, Your Majesty, the Minimum Wage

Oh, Your Majesty, the Minimum Wage

SEOUL, July 12 (Korea Bizwire) – Kings of ancient Korea might have held infinite power, but their statues are not likely to possess similar authority. On Tuesday, members of a part-time workers organization clashed with police by the statue of King Sejong at Gwanghwamun Plaza, Seoul, demanding an increase in the minimum hourly wage to 10,000 won [...]

1 in 6 Younger People Paid Below Minimum Wage Last Year

1 in 6 Younger People Paid Below Minimum Wage Last Year

SEOUL, April 24 (Korea Bizwire) – About 1 out of 6 young workers in South Korea were paid less than the country’s minimum wage last year, a private think tank said Sunday, pointing to tough working conditions facing young adults already struggling with high unemployment. According to the report by the Hyundai Research Institute, some [...]

Wage Gap between Prime Contractors and Subcontractors at Critical Level in Korea

Wage Gap between Prime Contractors and Subcontractors at Critical Level in Korea

SEOUL, July 14 (Korea Bizwire) – The wage differential between general contractors and subcontractors has worsened to a critical level, and corrective measures should be applied to curb the trends. The Economic and Social Development Commission held an open forum to discuss the structural situation of prime contractors and subcontractors and its remedies for them [...]