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  • Article

    Proposed Pension System Reforms Include A Substantial Increase In Contributions

    South Korea's government proposes the first hike in 27 years in the pension contribution rate for both employers and employees to slow the country's projected pension fund depletion.
    South KoreaEmployment and HR
    WTW
    WTW
  • Article

    Aftermath Of The Election In South Korea

    After securing 192 seats in the national legislative election held on 10 April, the opposition coalition led by the Democratic Party will retain its majority...
    South KoreaEmployment and HR
    Ius Laboris
    Ius Laboris
  • Article

    Major Labor Law Issues Recently Revised In Korea

    On April 29, 2021, a total of eight amendments to Republic of Korea ("Korea")'s labor laws, including the Labor Standards Act ("LSA"), passed the plenary session of the National Assembly, promulgated on May 18, 2021.
    South KoreaEmployment and HR
    D&A LLC
    D&A LLC
  • Article

    최근 한국에서 개정된 주요 노동법 쟁점

    근로기준법(Labor Standards Act)을 비롯하여 총 8개의 노동관계법률 개정안이 2021. 4. 29. 국회 본회의를 통과하고 2021. 5. 18. 공포되어 2021. 11. 19. 또는 2022. 5. 19.부터 시행되게 되었습니다.
    South KoreaEmployment and HR
    D&A LLC
    D&A LLC
  • Article

    Understanding South Korea's New AI Law: Key Considerations For Multinational Employers

    South Korea's new artificial intelligence law introduces governance, transparency, and risk-management obligations that may affect "AI business operators," including employers that develop, provide, or deploy AI...
    South KoreaEmployment and HR
    Littler Mendelson
    Littler Mendelson
  • Article

    Issues Regarding The Enactment Of The Serious Accidents Punishment Act Of Korea And Strategy For Companies In Korea

    On January 26, 2021, the Korean government enacted the Serious Accidents Punishment Act (hereinafter referred to as the "SAPA"). The SAPA will go in effect on January 27, 2022...
    South KoreaEmployment and HR
    D&A LLC
    D&A LLC
  • Article

    중대재해처벌법에 남겨진 과제와 기업의 대응 방향

    중대재해 처벌 등에 관한 법률(이하 "중대재해처벌법"이라 한다)은 지난 2021. 1. 26.에 제정·공포되어, 1년의 유예기간을 가진 후 2022. 1. 27.부터 시행됩니다.
    South KoreaEmployment and HR
    D&A LLC
    D&A LLC

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