South Korea registers 19th consecutive month of job growth
Employment in South Korea reached 28.38 in September, up 707,000 from last year, marking the largest year-on-year growth since 1999.
South Korea urged to support women’s return to workforce
More must be done to inncrease female labour force participation, which is crucial to boost economic growth, says the IMF.
Young people dropping off South Korea’s permanent workforce
More South Korean workers in their 20s are staying idle amid poorer employment conditions or are engaged in temporary employment.
Most South Korean workers cannot adopt flexible work arrangements
The rollout of flexible working arrangements varied by company size, with a greater number of larger firms offering such arrangements than smaller firms.
South Korea considers banning work texts outside working hours
A proposed bill prohibits employers from making repeated or constant work-related instructions after statutory working hours.
Gender inequality still prevalent in South Korea’s workplace
The employment rate for women in South Korea was at 51.2% last year, which was 18.8 percentage points lower than the male employment rate.
Some small business employees South Korea paid below minimum wage
Among small business employees, only 9.6% were paid extra for extended working hours and only 13.2% had annual leave provision.
Big businesses in South Korea hold off hiring plans
Six out of 10 big businesses in South Korea either have no hiring plans or have yet to finalise them for the rest of 2022.
Some workers in South Korea fear going on parental leave
Men were found to be more sensitive than women to negative perceptions toward using parental leave, according to a new survey.
Flexible working arrangements set to stay in South Korea
Some 66.6% of South Korean workers believe that flexible work systems are effective in reducing unnecessary overtime work.
South Korea plans subsidies for jobseekers and low-income groups
The government also plans to tap into state funds to alleviate the debts of the self-employed and smaller merchants.
South Korea’s factories hiring older workers
With the departure of foreign labour, factories are increasingly turning to the elderly workforce to solve their staffing crunch.
More young South Koreans take up flexible jobs
They like the flexibility to choose their working hours and enjoy the freedom from corporate culture and relationships.
South Korea mandates some workplaces to provide rest facilities
The labour ministry is now making it compulsory for all workplaces employing a certain number of regular employees to provide rest facilities for their staff.
Asia Pacific predicted to lose 63 million jobs to automation by 2040
Despite the loss, Forrester expects the green economy to help make up for some losses as more countries commit to carbon neutrality.
More work flexibility called for in South Korean workplace
The Federation of Korean Industries has urged employers to provide more work flexibility to employees.
South Korean firms explore shift to virtual offices
Employees can work in the same virtual office with their colleagues and mingle with other workers from other firms in the shared lounge.
Majority of South Koreans want to prolong working life
The reasons provided by elderly citizens include earning enough for living expenses and wanting to work so long as their health allowed.
Relief package for self-employed in South Korea
41 trillion won (US$31.3 billion) over two years in special loans will be provided to self-employed and merchants hard hit by pandemic restrictions.
South Korean business lobby calls for wage growth to slow down
A continued growth in wage will weaken business competitiveness and lead to price hikes and inflation, claimed the Federation of Korean Industries.
Over 50s make up 85% of job increases in South Korea
The number of employed increased for the 16th consecutive month, with the tally for June climbing by more than 800,000 on-year.
South Korea trials sickness benefits for workers
The programme entails providing sick pay to workers who need to go on unpaid leave for injuries that occurred outside the workplace.
South Korea finalises minimum wage for 2023
The Minimum Wage Commission has agreed on a minimum hourly wage increase of 5% to 9,620 won (US$7.40) for next year.
Companies in South Korea urged to refrain from wage hikes
Increasing wages would add to the woes of small business owners during the economic downturn, cautioned a major business lobby group.
Overtime to be calculated on a monthly basis in South Korea
The incoming government will address the country’s 52-hour workweek policy and the seniority-based pay models adopted by most companies.
South Korean unions propose minimum wage rate
Labour representatives of the Minimum Wage Commission have proposed an hourly minimum wage of 10,890 won (US$8.4) for 2023.
Employees in South Korea can expect to work more years
Due to the shrinking working population in the country, the government is considering extending or abolishing the retirement age.
South Korea continues debate over peak wage system
The Supreme Court recently ruled that the current peak wage system is tantamount to age-based discrimination as it cuts wages after a certain age.
South Korea deliberates on next year’s minimum wage
The Minimum Wage Commission hopes to strike a balance between the conflicting interests of businesses and unions.
72.7% of South Korean big firms support remote work
Despite the easing of pandemic measures in the country, large companies are continuing to allow their employees to work from home.