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Employer Liability Issues Hiring & Firing Korea

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

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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