SEOUL, Sept. 25 (Korea Bizwire) — Among South Korea’s major industries, electricity, gas, steam and water supply industries have the highest average monthly pay. Online job portal Saramin said Tuesday that its analysis of the National Statistical Information Service showed that the total monthly income per person in 18 major industries was tallied at 3.59 [...]
SEOUL, May 23 (Korea Bizwire) – The wage gap between male and female workers at large firms here widened in the first quarter from a year earlier, data showed Thursday. Women working for 202 major listed companies were paid an average 15.37 million won (US$12,910) in the January-March period, or 63.5 percent of the median pay [...]
SEJONG, Jan. 18 (Korea Bizwire) – South Korea’s finance ministry said Sunday it will streamline the country’s public sector by eliminating overlapping operations and expand merit-based payment to encourage healthy competition. The measures are part of the Park Geun-hye administration’s second-phase normalization plan for the public sector. Policymakers take credit for reducing debts by 24.4 [...]