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EU-Republic of Korea Adequacy Decisions Finalized

Following the conclusion of the adequacy talks in March 2021, the European Commission adopted on 17 December 2021 an adequacy decision addressing the transfers of personal data to the Republic of Korea under the General Data...more

A New Framework for Transfers of Personal Data – EU and Korea Conclude Adequacy Decision Talks

BACKGROUND - On 30 March 2021, the European Commission, in a joint statement with the Personal Information Protection Commission, the data protection authority of the Republic of Korea (Korea), declared that Korea ensured a...more

COVID-19: Overview of Asia-Pacific Measures and Reliefs

Welcome to our overview of various Asia-Pacific COVID-19 measures and reliefs. A proliferation of government measures has been issued in response to the coronavirus (“COVID-19”) outbreak. Our overview below summarizes some...more

Global Employer Guide

K&L Gates is proud to release the latest update of our Global Employer Guide. Created to complement our global employer solutions service, the interactive guide provides a quick, concise summary of the main employment law...more

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

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

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

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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