Labor, management narrow gap in minimum wage proposals to $0.57
4 Articles
4 Articles
Labor and management, currently negotiating next year's minimum wage level, have proposed an hourly wage of 11,220 won and 10,530 won, respectively, as their "9th revised proposals." Compared to their previous proposal, labor lowered theirs by 30 won, while management raised theirs by 10 won. The Minimum Wage Commission (MWC) announced these 9th revised proposals after holding its 13th plenary meeting at the Government Complex Sejong on the 9th.…
Labor, management narrow gap in minimum wage proposals to $0.57
Labor and management representatives narrowed the gap in their minimum wage proposals for next year to 860 won ($0.57) on Thursday. The labor side proposed 11,350 won for next year's hourly minimum wage, whereas the management side proposed 10,490 won in their seventh revisions during a meeting of the Minimum Wage Commission in the central administrative city of Sejong. The figures translate to an increase of 10 percent and 1.6 percent, respecti…
(Seoul = Yonhap News) Reporter Ok Seong-gu = Although the gap in demands between labor and management negotiating next year's minimum wage has narrowed to '990 won,' the gap still...
(2nd LD) Labor, management narrow gap in minimum wage proposals to 690 won
(ATTN: UPDATES throughout with latest proposals; RECASTS headline, lead)SEJONG, July 9 (Yonhap) -- Labor and management representatives narrowed the gap in their minimum wage proposals for next year to 690 won (US$0.46) on Thursday.The labor side pro
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