SEOUL, June 22 (Korea Bizwire) — More than half of the income earned by seniors in South Korea turned out to be labor wages, indicating that a lot of seniors still work after retirement to sustain their livelihood, a report said Tuesday. The report titled “Pensions at a glance 2021″ published by the Organization for [...]
SUWON, May 19 (Korea Bizwire) — Most senior citizens in South Korea want to continue working until the age of 71, a recent survey showed. The Gyeonggi Research Institute conducted a nationwide survey of 500 employed seniors over 60 years of age, 97.6 percent of whom wanted to continue working. Among them, 46.3 percent wanted [...]
SEOUL, May 3 (Korea Bizwire) — While people are happier if they can earn more by working longer, the level of happiness stops rising after reaching a certain level of income, even if longer working hours results in a higher income, a recent study revealed. The Korea Institute for Health and Social Affairs conducted a [...]
SEOUL, Oct. 19 (Korea Bizwire) — 6 in 10 South Koreans prefer a virtual commute to work rather than going to an offline workplace, a survey showed Monday. Seoul Women’s Resource Development Institute conducted an online survey of 4,476 people, 65.1 percent of whom (2,916 people) said they would opt for commuting to a virtual [...]
![[Kobiz Stats] Annual Working Hours Per Capita](http://koreabizwire.com/wp/wp-content/uploads/2014/04/1인당연간근로시간-영문-1.jpg "[Kobiz Stats] Annual Working Hours Per Capita")
[Related Article] Big Change ahead for S. Korea’s Labor Standards (Korea Bizwire, April 10) The discussion in the National Assembly surrounding cutting back on work hours is gradually converging on the introduction of a 52-hour workweek scheme.The subcommittee for labor-management-government negotiation for social issues under the National Assembly’s Environmental and Labor Committee held on April 7 [...]
SEOUL, April 10, 2014 (Korea bizwire) – The discussion in the National Assembly surrounding cutting back on work hours is gradually converging on the introduction of a 52-hour workweek scheme. The subcommittee for labor-management-government negotiation for social issues under the National Assembly’s Environmental and Labor Committee held on April 7 a third meeting to narrow [...]