Ministry to slap fine on firms violating minimum wage law
Social affairsDec 30, 2014
(Yonhap)The Ministry of Employment and Labor said Tuesday that it would immediately levy fines of up to 20 million won ($18,000) on employers who violated the minimum wage law starting as early as next year. Currently, those that paid workers less than the legal minimum wage are initially issued a warning before they are subject to sanctions, including fines. But the Cabinet on Tuesday approved the ministry’s plan to impose the disciplinary fine on the rule-violators directly, without any prior