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Naver Under Fire for Asking Employees to Work More than Statutory Working Hours

Naver Under Fire for Asking Employees to Work More than Statutory Working Hours

SEOUL, June 7 (Korea Bizwire) — Violations of the Labor Standards Act, including overtime work exceeding the statutory working hours, are rampant at Naver Corp., a recent survey showed. The South Korean search giant’s labor union recently conducted a survey with of members belonging to the firm’s three CIC (Company in Company) units. The results [...]

Small Business Employees Hit Harder by ‘Corona Blues’

Small Business Employees Hit Harder by ‘Corona Blues’

SEOUL, April 22 (Korea Bizwire) — Employees at small and medium-sized enterprises (SMEs) are more vulnerable to depression and stress caused by the coronavirus pandemic, also dubbed the “corona blues,” than their counterparts at large companies, a state agency said Thursday. The Korea Workers’ Compensation and Welfare Service affiliated with the labor ministry came to [...]

Big Business Aghast by Young Workers Insisting on Proper Bonus Payments

Big Business Aghast by Young Workers Insisting on Proper Bonus Payments

SEOUL, Feb. 8 (Korea Bizwire) — While conglomerate employees have always had complaints about bonus payments, the issue has once again reached a head after this year’s raging disputes between management and labor unions have spotlighted the importance of rewarding systems and internal communication. While SK hynix Inc., South Korea’s No. 2 chipmaker, took the [...]

Convenience Store Employees Struggle with ‘Food Terrorism’, Other Crimes

Convenience Store Employees Struggle with ‘Food Terrorism’, Other Crimes

INCHEON, Dec. 30 (Korea Bizwire) – An employee at a convenience store in Incheon recently experienced a ‘food terror attack’ by a customer who visited the store around midnight. After buying milk and a sandwich, the customer started eating them in the corner of the store. Since the government has upgraded the social distancing rule [...]

Starting Salary for White-collar Workers at Large Firms Averages 33 mln Won

Starting Salary for White-collar Workers at Large Firms Averages 33 mln Won

SEOUL, Nov. 19 (Korea Bizwire) — South Korean university graduates who land white-collar jobs at large corporations are paid an average of about 33 million won (US$29,700) in annual starting salary as of June this year, government data showed Thursday. According to the data released by the labor ministry, local companies with more than 500 [...]