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Labor

Labor relations acts and subordinate statutes have been enacted based on the Constitution of the Republic of Korea and businesses or workplaces employing foreigners are regulated by them. Labor conditions shall be decided based on the free will of employees, with employers and employees equal footing, and conditions should at least fulfill the basic requirements stipulated in the Act.

Collective labor relations laws

Trade Union & Labor Relations Adjustment Act

Labor management

Wages

The minimum wage for 2018: KRW 7,530 per hour, KRW 60,240 per day (8 hour workday)

Working hours

Working Hours
Workers Standard working hours Extended work Nighttime work Holiday work
1 day 1 week
Male workers 8 hours 40 hours 12 hours
per week
《In principle》
As agreed by the involved parties
《In principle》
As agreed by the involved parties
Female workers 8 hours 40 hours 12 hours
per week
《In principle》
As agreed by the persons concerned
《In principle》
As agreed by the persons concerned
Female
workers less
than one
year after
childbirth
8 hours 40 hours As agreed
between
the parties
concerned;
2 hours
per day,
6 hours
per week,
150 hours
per year
《In principle》
Prohibited
《Exception》
As agreed by the
persons concerned and
approved by the
Minister of Employment
and Labor
《In principle》
Prohibited
《Exception》
As agreed by the
persons concerned and
approved by the
Minister of Employment
and Labor
Pregnant workers 8 hours 40 hours Prohibited 《In principle》
Prohibited
《Exception》
Upon an explicit request
approved by the
Minister of
Employment
and Labor
《In principle》
Prohibited
《Exception》
Upon an explicit request
approved by the
Minister of
Employment
and Labor
Minors
(under the
age of 18)
7 hours 35 hours As agreed
between
the parties
concerned;
1 hour
per day,
5 hours
per week
《In principle》
Prohibited
《Exception》
As agreed by the
persons concerned and
approved by the
Minister of
Employment and Labor
《In principle》
Prohibited
《Exception》
As agreed by the
persons concerned and
approved by the
Minister of
Employment and Labor

 

Holidays and leaves

“Legal” holidays and leaves
Weekly holidays
Labor Day
Monthly leave
Annual leave
Menstruation leave
Maternity leave
“Agreed” holidays and leaves
Public holidays
Company foundation anniversaries
Summer leave
Congratulatory & condolence leave

Dismissal

An employer cannot dismiss, lay off, suspend or transfer a worker, reduce a worker’s wages, or take punitive measures against a worker without justifiable cause. Such punitive measures shall be taken on reasonable grounds that are generally accepted by society at large. In general, the reasons for punitive measures such as dismissal are stipulated in the employment regulations or the collective agreement, and the procedures set forth in the concerned employment regulations or collective agreement shall be followed. When dismissing a worker, the worker shall receive notice of the dismissal at least 30 days prior to actual dismissal. If not, the employer shall be obligated to pay at least 30 days’ worth of advance notice of dismissal pay. Dismissal of an employee is effective only when a written notice stating the cause and date of dismissal is sent to the employee concerned.

Retirement benefits

Retirement allowance system

The employer should pay the average wage for 30 days or more per year of continuous service period.

Retirement pension plan

The employer shall accumulate and invest funds for the retirement allowance into an external financial institution during the workers’ service period.

Social insurance policy

Employment insurance

Industrial accident compensation insurance

National pension

Health insurance

KOTRABae Jae-han Executive Consultant
02-3497-1962
baejhan@kotra.or.kr

Please visit the PC website to download PDF with more information.

Go to PC website