SEJONG, Oct. 23 (Korea Bizwire) — South Korea’s non-regular workforce has climbed to its highest level on record, surpassing 8.56 million as of August, with older workers driving much of the increase and the wage gap between regular and non-regular employees widening to an all-time high, government data showed Wednesday. According to the National Data Office’s [...]
SEOUL, Sept. 6 (Korea Bizwire) — South Korea’s gender wage gap at publicly listed companies grew wider last year, even as the gap in average tenure between men and women narrowed, according to new government data. An analysis of 2,980 corporate annual reports for 2024, released Friday by the Ministry of Gender Equality and Family, [...]
SEOUL, Sept. 14 (Korea Bizwire) —A recent study has revealed that some workers, despite not experiencing depression, have contemplated ending their own lives, and this tendency is often associated with receiving inadequate compensation. In 2023, a team of researchers at the Corporate Mental Health Research Center of Kangbuk Samsung Medical Center in South Korea conducted [...]
SEOUL, Sept. 26 (Korea Bizwire) — South Korea’s gender pay gap widened in 2018 from a year earlier, marking the largest difference among the 36 member states of the Organization for Economic Cooperation and Development, a local workers’ union said Thursday. Last year, the wage gap between male and female workers in Asia’s fourth-biggest economy [...]
SEJONG, Oct. 23 (Korea Bizwire) — Professionals in jobs that traditionally enjoyed high pay like lawyers and accountants earned an average of 230.8 million won (US$203,796) per individual last year but close to 15 percent of the people in these professions made less than one-tenth of the amount, data showed Sunday. Records provided by the [...]