The South Korean government approved a bill amending the
Labour Standards Act in February 2018 involving weekly working
hours limit, annual leave and paid public holiday. Companies should
learn about these changes to adjust their human resource policies
accordingly.
Working long hours and not achieving a work-life balance seems
to be a global issue many countries are trying to resolve,
including South Korea. With the new changes in place, this could be
a start for many South Koreans to adopt a healthier lifestyle.
However, are businesses, especially foreign-owned companies, in
South Korea ready for this?
If your company is still unclear about the changes to the Labour
Standards Act, we have explained the main points below.
