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Here is a brief information on annual leave under the labor standards act of Korea. 1. The initial leave starts as 15 days. Once an employee worked for 80% of total working days of the first year, he is entitled to use 15 days’ annual leave during the next one year. If an employee works less than 80% of the total working days, he gets no annual leave at all for the next year. . . . → Read More: Annual Leave based on the Korean Labor Law  20 comments - (Comments are closed)  labor laws and systems  annual leave, korea, labor laws and systems, South Korea Based on the recent amendment of Trade Union and Labor Relations Adjustment Act, two dratic changes will happen to labor relations environment. First, multiple unions will be allowed in a single workplace from July 2011. Second, wage payment of full-time union officials will be banned from July 2010. Instead of wages, union officials should be given paid time-off . . . → Read More: Multiple unions in a single company to be allowed from July 2011 2 comments - (Comments are closed) labor laws and systems labor relations, union officials, unions, wages According to a survey conducted by a job portal site(www.career.co.kr), more than half of companies in Korea do not disclose salary information when they post a job vacancy. Continue reading 54% of companies do not disclose the amount of annual salary for job posting
I already covered social insurance systems for Korean employees in my previous post. But what about social insurance for staff sent from headquarters to Korea? Continue reading Korean social insurance system for expatriate employees Since revision of the Labor Standards Act (LSA), 40 hours workweek system has been adopted by most companies in Korea. The only segment left uncovered by the system at this time is companies with less than 20 employees. Continue reading 40 and 44 hours workweeks – application schedule and differences |
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