SEOUL, Jan. 25 (Korea Bizwire) – The expanded implementation of the workplace safety law, penalizing employers for serious industrial accidents, is set to take effect later this week as scheduled, as rival parties have failed to agree on granting an additional two-year grace period for small businesses. Under the Serious Accidents Punishment Act, owners or [...]
SEOUL, Jan. 24 (Korea Bizwire) — Sohn Kyung-shik, chairman of the Korea Enterprises Federation (KEF), has raised strong concerns about the imminent expansion of the workplace safety law aimed at penalizing employers for fatal industrial accidents. The law, implemented in January 2022, subjects business owners or CEOs of companies with 50 or more employees to [...]
SEOUL, Jan. 19 (Korea Bizwire) — Despite the enforcement of a landmark workplace safety law about a year ago, the number of worker deaths caused by serious industrial accidents at workplaces subject to the law increased last year, a government report showed Thursday. The Serious Accidents Punishment Act took effect on Jan. 27 last year [...]