Korean Businesses Warn Supreme Court Ruling on Bonuses Could Deepen Wage Burdens, Spur Restructuring

SEOUL, April 1 (Korea Bizwire) —  A recent South Korean Supreme Court ruling requiring companies to include conditional regular bonuses in base wages is placing significant financial pressure on employers, particularly smaller firms, according to a new survey released Sunday by the Korea Chamber of Commerce and Industry (KCCI). The emergency survey, conducted 100 days after [...]