[Editorial] Minimum wage debate
The official review process to set the 2025 minimum wage started Tuesday, heralding a heated debate among the members of the tripartite commission due to conflicting views about how much minimum wage should be raised. This year, there are two primary issues: whether next year’s minimum wage per hour will exceed the threshold of 10,000 won ($7.34) for the first time and whether the differentiated application of minimum wages will be allowed, depending on the situations of industries. The ou
May 23, 2024