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Top Court Says Samsung Bonuses Must Count Toward Severance Pay

Top Court Says Samsung Bonuses Must Count Toward Severance Pay

SEOUL, Jan. 29 (Korea Bizwire) — South Korea’s Supreme Court ruled on Thursday that certain bonuses paid by Samsung Electronics must be included in the calculation of employees’ average wages, a decision that could reshape how severance pay is determined across the country’s private sector. The ruling comes nearly seven years after 15 former Samsung employees [...]