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Wage and Hour › Employee Benefits › South Korea

Ius Laboris

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

Ius Laboris

South Korean Supreme Court Redefines ‘Ordinary Wages’

Ius Laboris on

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

Ius Laboris

Recent developments on childcare leave in South Korea

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Recent regulatory changes and a Korean Supreme Court decision have made childcare leave and flexible working hours more attractive and more available to employees with young children....more

K&L Gates LLP

The Impact of Ordinary Wage Determinations on an Employer's Labour Costs in Korea

K&L Gates LLP on

Ordinary wages in Korea are made up of base salary and other compensation given to workers for the work they perform, which are given regularly, consistently and in a fixed manner. Calculation of ordinary wages in Korea is...more

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