Update: Minimum Wage
Although the Minimum Wage Council was petitioning for a 26% raise in minimum wage, the new figure for minimum wage will be 4,000 won (approximate $3.80) an hour. This is only a 6% increase. According to The Korea Times, about 2 million people live on minimum wage; this figure represents 13% of employees in Korea.
Although the Minimum Wage Council was petitioning for a 26% raise in minimum wage, the new figure for minimum wage will be 4,000 won (approximate $3.80) an hour. This is only a 6% increase. According to The Korea Times, about 2 million people live on minimum wage; this figure represents 13% of employees in Korea.
posted by Haley at 2:39 AM
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