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Labor Regulations Employment Contract South Korea

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South Korean Supreme Court Upholds ‘Payment Date’ Requirements

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The South Korean Supreme Court recently ruled that bonus payment can be conditioned on the employee remaining employed on the payment date, resolving an issue that had been left unclear in a prior decision. ...more

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South Korean Supreme Court Redefines ‘Ordinary Wages’

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On 19 December 2024, a unanimous South Korean Supreme Court partially overturned its 2013 ‘ordinary wage’ precedents, which may require many employers to revise their compensation practices....more

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