Commission Raises Minimum Wage by 2.9% for 2026
Summary by The Korea Times
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A 2.9% increase over this year… The 8th labor-management agreement decision in history The minimum wage for next year has been decided at 13,200 won per hour, a 2.9% increase over this year. Next year’s minimum wage was decided through labor-management-management agreement for the first time in 17 years since 2008. The minimum wage for next year has been decided through labor-management-management agreement for the first time in 17 years since 2…
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