S. Korea to make work schedule more flexible, encourage performance-based pay model
Jun 23, 2022
The Ministry of Employment and Labor on Thursday announced its policy plans, which are expected to increase labor market flexibility. During the first press briefing held after his inauguration at the government complex in Sejong, President Yoon Suk-yeol‘s first Labor Minister Lee Jung-sik focused on two issues, the country’s 52-hour workweek policy and seniority-based pay models adopted by the majority of companies in South Korea. According to Lee, the government will review opt