Tag: collective bargaining

collective bargaining

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New 'Yellow Envelope' act guidelines only deepen confusion (KOR)

Nonbinding Ministry of Employment and Labor guidance on bargaining rights under the revised law risks making investment and staffing decisions new sources of labor conflict.

2026.9.8

New 'Yellow Envelope' act guidelines only deepen confusion

Nonbinding Ministry of Employment and Labor guidance on bargaining rights under the revised law risks making investment and staffing decisions new sources of labor conflict.

2026.9.7

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Firms need not bargain over profit-linked bonuses, Labor Ministry says

New guidelines exclude profit-linked bonuses and plant moves from mandatory union bargaining, drawing backlash from labor groups.

2026.9.3

Hyundai Motor, union reach tentative wage agreement

Hyundai Motor and its union reached a tentative wage agreement featuring a 100,000 won ($72) monthly base-pay increase, bonuses and 500 planned hires.

2026.8.25

Hyundai strike threat exposes profit-sharing fallout (KOR)

Hyundai Motor and Posco face escalating labor tensions as unions push for bonuses tied to corporate profits.

2026.8.21

Hyundai strike threat exposes profit-sharing fallout

Hyundai Motor and Posco face escalating labor tensions as unions push for bonuses tied to corporate profits.

2026.8.20

Don't weaken competition principles to boost small businesses' bargaining power (KOR)

Korea’s push to let small businesses bargain collectively against large firms aims to curb unfair pressure but raises concerns about higher prices and weaker competition.

2026.7.2

Don't weaken competition principles to boost small businesses' bargaining power

Korea’s push to let small businesses bargain collectively against large firms aims to curb unfair pressure but raises concerns about higher prices and weaker competition.

2026.7.1

Expanding prime contractor liability risks confusion in industry (KOR)

Recent labor rulings are expanding prime contractors’ bargaining duties beyond production, deepening uncertainty for manufacturers and subcontracting practices.

2026.6.17

Expanding prime contractor liability risks confusion in industry