workweek system Archives | Be Korea-savvy
Gov’t Considers Adding New Option for Flexible Workweek

Gov’t Considers Adding New Option for Flexible Workweek

SEOUL, Feb. 24 (Korea Bizwire) – The government is considering offering greater flexibility to companies with regard to the 52-hour workweek, by allowing them to extend the maximum weekly work hours to either 64 or 69 hours. The workweek system introduced in 2018 limits overtime work to 12 hours per week to ensure the total [...]

Gov’t to Give Grace Period to Small Firms for 52-hour Workweek System

Gov’t to Give Grace Period to Small Firms for 52-hour Workweek System

SEOUL, Dec. 30 (Korea Bizwire) — The government will give a one-year grace period to small businesses with five to 49 employees for a mandatory 52-hour workweek system to relieve a worsening workforce shortage they are facing, the labor minister said Friday. The move comes after such small firms will no longer be able to [...]

Gov’t to Grant Smaller Firms 1-year Grace Period for 52-hour Workweek Implementation

Gov’t to Grant Smaller Firms 1-year Grace Period for 52-hour Workweek Implementation

SEOUL, Dec. 11 (Korea Bizwire) — South Korea plans to give a one-year grace period to the country’s small and medium-sized enterprises (SMEs) in adopting the 52-hour workweek system, the labor ministry said Wednesday, reflecting financial concerns for the smaller firms amid an economic slowdown. The 52-hour policy was initially devised to cap the average [...]