SEOUL, March 5 (Korea Bizwire) — Despite growing awareness of the importance of work-life balance, owners of small businesses have a poor quality of life, a study published on Monday has revealed. According to the study conducted by the Korea Federation of SMEs, South Korean small business owners work six days a week, 11 hours a [...]
SEOUL, Mar. 2 (Korea Bizwire) — South Korean workers have expressed mixed feelings towards the passage of a revised bill through parliament that aims to shorten working hours, with some citing positive improvements in their work-life balance while others fear a cut in wages. On Wednesday, the National Assembly passed a revision to the Labor [...]
JEJU, March 29 (Korea Bizwire) – More than 60 percent of individuals from other parts of South Korea who have settled down in Jeju Island say they are happy to have moved there, a survey from the Jeju Women & Family Research Institute (JEWFRI) has found. The survey, which was conducted last year, gathered a sample [...]
SEOUL, Nov. 30 (Korea Bizwire) – According to a recent study entitled ‘2017 Korean Middle Class Report’ from the 100 Years of Age Lab at NH Investment & Securities, six out of ten middle class Koreans think they are a part of the Korean lower class. From October 17 to 21, the survey targeted 1,025 [...]
SEOUL, Nov. 18 (Korea Bizwire) – The quality of life for South Koreans ranks 47th in the world, as the country’s economic stature is undercut by long working hours and unemployment, a local report said Friday. The annual report from the Institute for International Trade (IIT), a research arm of the Korea International Trade Association, [...]