Tag: yellow envelope

yellow envelope

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Members of Crew Union, the Kakao chapter of the Korean Chemical, Textile, Food and Allied Workers' Union, chant slogans at a rally at Pangyo Station Square in Seongnam, Gyeonggi, on May 20. The union holds the rally to demand management take responsibility for the breakdown of wage negotiations. [NEWS1]

Is the ‘Yellow Envelope’ act behind unions’ emboldened bonus push?

Samsung Electronics isn't the only company dealing with performance-based bonus demands, as profit-sharing pushes are sweeping across Korea's biggest conglomerates, and the "Yellow Envelope" act may be emboldening unions.

2026.5.20

A graphic illustration of the so-called yellow envelope law, which limits companies from claiming damages from workers who go on strike. [JOONGANG PHOTO]

Korea's appeal as Asia-Pacific business hub weakening due to labor policies, regulations: Survey

Korea’s appeal as a base for Asia-Pacific operations is weakening, with global companies increasingly pointing to labor policies and regulatory constraints as key risks, according to a survey by the American Chamber of Commerce in Korea (Amcham).

2026.4.15

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Protesters call for a government response and a resolution to mass layoffs following the scrapping of the “Yellow Envelope' pro-labor law in front of the Blue House in central Seoul on Jan. 22. [YONHAP]

Finance minister vows efforts for smooth implementation of 'Yellow Envelope' bill

The government will focus all its capabilities on the smooth implementation of the revised labor law aimed at broadening the bargaining rights of workers, Finance Minister Koo Yun-cheol said Wednesday.

2026.3.4

President Lee Jae Myung leaves the main assembly hall after giving his speech at the National Assembly in western Seoul on Nov. 4. [JOINT PRESS CORPS]

KEF makes proposals to National Assembly, including revising Yellow Envelope Bill

The Korea Enterprises Federation (KEF) has submitted a set of 20 legislative proposals to the National Assembly aimed at revitalizing the economy and strengthening corporate competitiveness as the regular parliamentary session nears its end.

2025.11.4

Korea Enterprises Federation (KEF) chairman Sohn Kyung-shik holds a press conference to express his concerns over the proposed revisions to Articles 2 and 3 of the Trade Union and Labor Relations Adjustment Act, also known as the Yellow Envelope Bill, at the KEF office in Mapo District, western Seoul, on July 31. [NEWS1]

KEF chair writes to each lawmaker urging them to shelve 'Yellow Envelope Bill'

The Korea Enterprises Federation chairman, Sohn Kyung-shik, wrote a letter to every lawmaker in the National Assembly urging them to shelve the so-called Yellow Envelope Act, claiming that it could upend the market.

2025.8.12

Prime Minister Han Duck-soo, second from left, during a Cabinet meeting on Friday [YONHAP]

Cabinet passes motion requesting parliament to review 'yellow envelope bill'

The Cabinet on Friday passed a motion requesting parliamentary reconsideration of four contentious bills unilaterally passed by opposition parties last month, including a pro-labor law and broadcasting law revisions.

2023.12.1

Lawmakers stand during a swearing-in ceremony for People Power Party Rep. Woo Shin-gu at the National Assembly on Thursday. [YONHAP]

DP passes contentious bills as PPP backs down on filibuster threat

The liberal Democratic Party (DP) passed a pro-labor bill and other controversial measures on Thursday.

2023.11.9

The Supreme Court building in Seocho District, southern Seoul [JOONGANG ILBO]

Supreme Court orders recalculation of strikers' liabilities

The Supreme Court ruled Thursday that the liability of labor strike participants should be calculated on an individual basis, a landmark decision that is expected to curtail damages that can recouped by companies from strikers in future lawsuits.

2023.6.15

[Editorial] DP railroaded with the controversial revision

The supermajority party must stop siding with the combative union, a permanent power base for the liberal party.

2023.2.22

[Editorial] Stop the lopsided legislation now

If the Democratic Party does not consider the grave consequences from the legislation, it must stop the bill right now.

2023.2.19