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Korea Hiring & Firing

Littler

10 Things Employers Should Know About Korean Labor Law

Littler on

Korea is an important economy in Asia with significant business opportunities. Multinational companies engage workers in Korea in all industries – from manufacturing to technology to finance. It is important to realize,...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

It’s Official: Employers in Japan Must Convert Some Fixed-Term Employment Contracts to Indefinite Status

Last month, Japan’s restrictions on fixed-term employment contracts took effect, and employees with at least five years of service with an employer can now be considered indefinite-term employees upon the expiration of their...more

K&L Gates LLP

Average Wages as a Basis for Calculating Severance Pay: Definitions and Interpretation

K&L Gates LLP on

Under the applicable laws of Korea, an employer must pay its employees severance pay in the amount of at least 30 days’ average wages for each year of the employee’s continuous service for the employer. For example, an...more

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