Minimum wage set by a 'small group of experts'… Reorganization begins after 37 years

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Minimum wage set by a 'small group of experts'… Reorganization begins after 37 years

The government has begun discussions in earnest on revising the minimum wage system for the first time in 37 years ahead of the decision on the minimum wage in 2026. The government will adjust the size of the 27-member Minimum Wage Committee and focus on reviewing a plan for 'experts' to decide the minimum wage instead of labor unions or economic organizations. It also plans to specifically set objective figures that can reflect economic conditi…