Although the Scope of the Dispute Under the Yellow Envelope Act Has Been defined... the Limitations of the Implementation Guidelines Are Non-Binding.
5 Articles
5 Articles
The Ministry of Employment and Labor issued enforcement guidelines for labor disputes related to the implementation of the Yellow Envelope Act. Requests for performance pay linked to operating profit are not subject to mandatory negotiations, but performance pay in the form of fixed pay is subject to mandatory negotiations. Furthermore, it is specified that although the construction of a new factory itself is not subject to negotiation, trade un…
(Sejong=Yonhap News) Reporter Ok Seong-gu = Employment and Labor... that issues such as 'N% operating profit performance bonuses' and 'opposition to the establishment of a new semiconductor factory in Honam' cannot be subject to mandatory bargaining or strikes...
The government has issued guidelines stating that demands for performance-based bonuses linked to corporate profits, such as operating profit, are not subject to labor disputes. It also ruled that disputes cannot arise over decisions themselves regarding the establishment or relocation of factories, the sale or acquisition of businesses, or the introduction of new technologies such as artificial intelligence. The government is now using a guidel…
The government has ruled that demands to pay a certain percentage of operating profit as performance bonuses or opposition to decisions to establish new factories in specific regions are not subject to mandatory negotiation in labor-management relations. On the 3rd, the Ministry of Employment and Labor announced the "Draft Implementation Guidelines on Subjects of Labor Disputes, Including Management Performance Bonuses," which contain these det…
The government has issued interpretation guidelines stating that it is difficult to regard the labor union's demand for a so-called 'N% performance bonus' as a subject of labor dispute.
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- 67% of the sources lean Right
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