Tag: minimum wage

minimum wage

Latest News

Minimum wage talks strained from the get-go (KOR)

As labor seeks a 16.3 percent hike, businesses warn that another sharp increase could deepen pressure on small firms and low-paid workers alike.

2026.6.24

Minimum wage talks strained from the get-go

As labor seeks a 16.3 percent hike, businesses warn that another sharp increase could deepen pressure on small firms and low-paid workers alike.

2026.6.23

Labor groups demand minimum wage of 12,000 won in 16.3 pct increase

Korea's two main labor unions called for next year's minimum wage to be 12,000 won ($7.90), an on-year increase of 16.3 percent, ahead of the Minimum Wage Commission's next plenary session.

2026.6.15

A banner shows this year's minimum wage, 10,320 won ($7.02), at a public employment center in Mapo District, western Seoul, on Jan. 2. [NEWS1]

Commission under Labor Ministry to hold first meeting to set next year's minimum wage

The Minimum Wage Commission under the Ministry of Employment and Labor is set to hold the first of what will likely be many heated meetings on Tuesday to set the country's minimum wage for next year.

2026.4.21

An image of Japanese yen banknotes [REUTERS/YONHAP]

Japan's minimum wage to exceed Korea's for first time 2 years

Japan’s minimum wage is set to surpass Korea’s for the first time in two years following a record increase approved by a government council.

2025.8.5

This year's minimum wage is displayed on a poster in front of an employment support center in Mapo District, western Seoul on July 3. [YONHAP]

Next year's minimum wage to rise to 10,320 won, first decision on pay by Lee gov't

Next year’s minimum wage will be set at 10,320 won ($7.50) per hour, the first minimum wage decision under the Lee Jae Myung administration.

2025.7.11

Labor unions demand a 11,500 won minimum wage for 2025 in a rally held on June 11 in central Seoul. [NEWS1]

Labor unions call for 14.7% rise in minimum wage as gov't set to deliberate

Labor unions on Wednesday proposed that the minimum hourly wage for 2026 be raised to 11,500 won ($8.40) — a 14.7 percent increase from this year — equivalent to a monthly wage of 2,403,500 won based on a 40-hour workweek.

2025.6.11

The cost of low wages at embassy jobs (KOR)

The cost issue of local recruitment has been raised at every meeting of the heads of the diplomatic missions at the Ministry of Foreign Affairs. However, the bill failed to pass the National Assembly every time.

2024.10.23

The cost of low wages at embassy jobs

2024.10.23

Time to change the way the wage is fixed

A responsible government must design a sustainable and predictable system.

2024.7.15

Tag: minimum wage

minimum wage

Latest News

Minimum wage talks strained from the get-go (KOR)

Minimum wage talks strained from the get-go

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