SEOUL, July 14 (Korea Bizwire) — The Ministry of Employment and Labor is investigating the recent death of a supermarket worker for possible legal violations. The ministry announced that it is currently investigating the death of a 29-year-old individual who worked at the South Korean unit of U.S. retail giant Costco Wholesale Corp.’s outlet in [...]
ULSAN, July 14 (Korea Bizwire) — As part of efforts to tighten discipline at its production lines, Hyundai Motor Co. dismissed a worker who frequently left work early without providing appropriate notice. South Korea’s biggest carmaker by sales announced on Sunday that a production worker at the company’s Ulsan plant had been fired for having [...]
SEOUL, Jun, 28 (Korea Bizwire) — A former employee of SsangYong Motor who worked at the company’s Pyeongtaek factory before being laid off has been found dead in what appears to have been the 32nd suicide death by former SsangYong employees after the carmaker instigated massive layoffs in 2009. Around 3:50 p.m. yesterday, a former [...]
SEOUL, May 10 (Korea Bizwire) — The number of foreign residents who took out life insurance policies here topped 200,000 in 2015, with their subscriptions rising at an annual rate of 16 percent over the past five years, industry data showed Sunday. According to the data compiled by the Korea Insurance Development Institute, a total [...]
SEJONG, May 1 (Korea Bizwire) — According to Statistics Korea, 49.5 percent of the 18,945,000 paid workers in Korea earned less than 2 million won (US$ 1,862) per month in 2014, while 12.3 percent earn more than 4 million won (US$ 3,724). Specialized and scientific workers, and financiers and insurance workers were the most likely [...]