Work takes centre stage for South Korea’s younger workforce, new report finds
South Korea’s younger workforce prioritises work above all else, reshaping gender roles and signalling urgent policy reform opportunities.
South Korea bottoms global ranking for remote work, study reveals
Rigid work cultures in South Korea are limited remote work and flexibility with consequences for family life, birthrates, and business.
South Korea faces looming labour shortage
South Korea is set to face a critical labour shortage by 2033, with a projected deficit of 820,000 employees.
South Korea faces slow job growth amid economic challenges
South Korea’s job market slows in 2024 with key sectors shedding jobs and younger employees facing dwindling opportunities.
South Korea’s female employment and labour participation rates lag among OECD nations
The country is ranked 31st in female employment among OECD nations, highlighting persistent challenges in advancing workplace gender equality.
Career interruptions plague nearly 70% of married women in South Korea
In the first half of 2024, 1.22 million married women left the workforce, with child-rearing identified as the primary reason.
South Korea’s female workforce hits record 10 million
From January to August 2024, an average of 10.15 million women were employed each month, marking a historic workforce milestone.
Rising numbers of workplace bullying reported in South Korea
Nearly 40,000 cases of workplace bullying have been reported to the Ministry of Employment and Labour in the last five years.
Few report workplace bullying in S. Korea despite legal protections
Many employees, despite experiencing workplace harassment, choose not to file formal complaints against their bullies.
Employees in South Korea fear AI takeover
Nearly a third of employees in South Korea believe AI will eventually replace them, with almost half expecting it within the next six to 10 years.
Side hustles surge in South Korea as wages remain stagnate
In Q1’2024, more employees in South Korea embrace side jobs, with shifts among younger demographics being most prevalent.
Young South Koreans shun SMEs despite high youth unemployment
A seismic change is evident in South Korea’s SME landscape as young employees dwindle and older generations take centre stage.
Samsung and SK Group’s six-day week for execs raises concerns
Samsung and SK Group’s imposition of a six-day workweek for executives has sparked concern over employee wellbeing and corporate culture norms.
South Korea’s job growth slows to a three-year low
South Korea’s employment saw a modest rise, up 173,000 year-on-year in March, marking the lowest increase since February 2021.
South Korean conglomerates intensify efforts to support working parents
Amid South Korea’s declining fertility rates, major organisations like Samsung, Hyundai, LG and POSCO are enhancing support for working parents.
South Korea sees surge in workplace abuse reports
Verbal abuse accounted for 32.8% of workplace harassment incidents in South Korea, while HR-related improprieties accounted for 13.8%.
Wage gap between executives and employees in South Korea widens
The average salary for executives in the country has risen to more than 10 times the rate of average salary employees.
South Korean firm pioneers 24/7 childcare to boost employee retention
Hana Financial Group’s dedication to childcare spans beyond new initiatives, with 100 daycare centres built since 2018.
AI threatens over three million jobs in South Korea
More organisations are gearing up to adopt AI, putting more jobs at risk, particularly positions in management and finance.
South Korea’s income disparity widens, bonuses reflect wage trends
A study highlights the growing income gap in South Korea, as the top 0.1% of employees receive bonuses vastly outpacing the average employee.
South Korea sees shift in parental leave trends
Despite a slight decline in men taking paternity leave, women still make up 72% of parental leave takers in 2023 in South Korea.
South Korea sees surge in elderly workforce participation
The number of South Koreans aged 70 and older still engaged in work reached 1.55 million in January 2024, marking an 11.4% from the previous year.
Intergenerational tensions boil over in workplaces in South Korea
43.4% of respondents to a survey expressed concerns about escalating conflicts with Millennial and Gen Z colleagues, surpassing other workplace issues.
South Korea’s job market sees strong growth in January
The country’s employed population hit 27.74 million last month, up by 380,000 compared to the the same period in the previous year.
Booyoung offers cash rewards to tackle low birthrates
South Korean construction firm Booyoung Group has promised 100 million won to 70 babies born to employees after 2021.
South Korea unleashes AI revolution to address workforce shortage
The Ministry of Trade, Industry and Energy has unveiled an AI master plan for autonomous manufacturing.
Employers in South Korea likely to hire more in 2024
Employers in South Korea will be hiring more employees for jobs in 2024, with many looking for people in on-site roles.
South Korea’s employment rate slow but at an all-time high
The rate of hiring in South Korea may have slowed in comparison to past months, but the country’s employment rate has reached its highest.
Wage increases top on wishlist for employees in South Korea
When it comes to what employees in South Korea want this year, across all sectors, the answer seems overwhelming: higher wages.
Gender wage gap narrows slowly in South Korea
South Korea faces a 70% gender wage gap with barriers like childcare and career breaks impeding equality progress.