Wansoo Lawrence Kim

1 month ago | lexology.com | Soojung Lee |Jae Woo |Kwang Sun Lee |Wansoo Lawrence Kim |Dai Won Chung |Ji Weon Jeong

1. 업무사례 종합건설회사 K사를 대리해 중대재해처벌법 등 형사사건 내사종결 처분 도출 A사 대리해 중대재해처벌법 등 형사 사건 불기소처분 도출 언론사 대리해 부당해고구제재심판정취소소송 1심 승소 A사를 대리해 기간제 근로자 해고소송 항소심 승소 자산운용사를 대리해 임금 소송에서 승소 외국계 PE 소유 회사 대리해 노사교섭에서 자문 제공 및 성공적으로 단체협약/임금협약 체결2.

2 months ago | lexology.com | Wansoo Lawrence Kim |Tae Eun Lee |Jahyeong Ku |Soojung Lee |Christopher Mandel

You can find our most recent regular legal update here. We have also published newsletters on other significant developments in December 2024 and January 2025, which are available at these links: Korean Supreme Court Redefines Ordinary Wage: Implications for Overtime Pay and Other Statutory Allowances, available at this link. Korea Labor Law Outlook in 2025, available at this link. For additional updates in Korean, please see our recent Korean-language newsletter available at this link.

Dec 6, 2024 | arxiv.org | Wansoo Lawrence Kim |Hyunjin Kim

Apr 30, 2024 | lexology.com | Wansoo Lawrence Kim |Tae Eun Lee |Jahyeong Ku |Soojung Lee |Christopher Mandel

For additional updates in Korean, please see our recent Korean-language newsletter available at this link. Statutes, Regulations & Guidelines1. Announcement of the Comprehensive Plan for Labor Inspections for 2024. The Ministry of Employment and Labor (“MOEL”) announced a comprehensive plan for 2024 labor inspections on February 5, 2024 (available here in Korean).

Nov 1, 2023 | lexology.com | Wansoo Lawrence Kim |Tae Eun Lee |Jahyeong Ku |Soojung Lee |Christopher Mandel

Statutes and Regulations1. Minimum wage set at KRW9,860/hour for 2024Pursuant to the Korean Minimum Wage Act, the government announced the 2024 minimum wage as KRW9,860 (approx. US$7.30) per hour. This is roughly a 2.5% increase from the 2023 minimum wage (KRW9,620 per hour). The 2024 hourly minimum wage corresponds to a monthly minimum wage of KRW2,060,740 assuming a standard 40-hour work week with 8 hours of paid weekly time off (totaling 209 hours a month). 2.