S. Korea's labor ministry to introduce revised minimum wage-setting system to bridge gap between employers and employees

S. Korea's labor ministry to introduce revised minimum wage-setting system to bridge gap between employers and employees

The South Korean government will introduce a new minimum wage-setting system on Monday that divides the roles within the Minimum Wage Commission, a body that determines the wage increases. br According to the labor ministry,... the commission will be divided into two sub-bodies.br Government representatives will first devise an appropriate range for the increase,... while the final decision will be made jointly by representatives of companies, non-regular workers and small businesses.br The government hopes the measure can bridge the gap between employers and employees after a whirlwind of controversy over the rapid rate of increase during the past couple of years.


User: Arirang News

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Uploaded: 2019-01-07

Duration: 00:39

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