Social Affairs
Laborers demand 28.6% increase in minimum wage
April 11, 2014
Labor unions on Friday demanded a 28.6 percent increase in the minimum wage next year, from the current 5,210 won ($5.03) per hour, officials said.The Minimum Wage Council, which consists of representatives of the government, labor unions and business, held the first meeting on Friday to set new minimum wage standard by June 29. The Ministry of Labor is scheduled to confirm next year’s minimum wage on Aug. 5.Labor-side delegates said in the meeting that they sought to increase the minimum wage t