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Majority of Salaried Employees Call for Expansion of Flexible Working Hours

Majority of Salaried Employees Call for Expansion of Flexible Working Hours

SEOUL, Dec. 24 (Korea Bizwire) — About 80 percent of salaried workers in South Korea support the expansion of flexible working hours, based on the recognition that the correlation between working hours and work performance is low, the country’s leading business lobby group said Wednesday. The Korea Chamber of Commerce and Industry (KCCI) recently conducted [...]

4 in 10 South Korean Small Business Owners and Salaried Workers Earn Less than 10 Million Won Per Year

4 in 10 South Korean Small Business Owners and Salaried Workers Earn Less than 10 Million Won Per Year

SEOUL, May 10 (Korea Bizwire) – A new report from the Korea Labor Institute (KLI) has revealed that around four in ten South Korean independent business owners and salaried workers earn less than 10 million won ($8,820) per year, well below the average annual income. Of nearly 26 million income earners in 2015, 38.4 percent made [...]