SEOUL, Jan. 31 (Korea Bizwire) — South Korea introduced a new regulation Friday allowing an exemption from the 52-hour workweek restriction for institutes involved in crucial research projects or companies that see workloads unexpectedly surge. The Ministry of Employment and Labor proclaimed the revised enforcement rule of the Labor Standards Act, which loosened the requirements [...]
SEOUL, Oct. 30 (Korea Bizwire) — An increase in working hours among women reduces the chance of them getting pregnant, a report showed Tuesday. According to the report by the National Assembly Budget Office, the chance of conceiving a baby is reduced by 0.34 percentage point for every additional hour a married woman works per [...]
SEOUL, March 8 (Korea Bizwire) – South Korea’s government offices will now be asked to ensure their employees get at least nine hours of rest after work under the government’s new initiative to help improve the health of civil servants, officials said Wednesday. Social media and phone communications with government employees during off-duty hours will [...]
SEOUL, Aug. 16 (Korea Bizwire) – A recent OECD report revealed that South Koreans work an average of 2,112 hours per year, ranking second after Mexico (2,246 hours) among the 33 OECD member nations (data for Turkey non-inclusive), whereas Korea’s average yearly wage (purchasing power parity) ranked 22nd at $33,110. In the 2016 OECD Employment [...]
SEOUL, Mar. 31 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. said Tuesday it will implement a full-fledged flexible work hour system starting in April, adding it will also be applied to overseas branches in the near future. Under the plan, employees are given the choice of when to come and leave their [...]