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[Editorial] Minimum wage for 2025 - Vimarsana News

[Editorial] Minimum wage for 2025

As Minister of Employment and Labor Lee Jung-sik on Friday officially requested the Minimum Wage Commission review the wage for 2025, heated debate is expected to play out over the next three months -- the timeline set by law to finalize the country’s minimum wage. In previous years, the focus had largely been placed on whether the tripartite Minimum Wage Commission, which is composed of nine members each from ...

[Editorial] Minimum wage for 2025 - Vimarsana News

[Editorial] Minimum wage for 2025

As Minister of Employment and Labor Lee Jung-sik on Friday officially requested the Minimum Wage Commission review the wage for 2025, heated debate is expected to play out over the next three months -- the timeline set by law to finalize the country’s minimum wage. In previous years, the focus had largely been placed on whether the tripartite Minimum Wage Commission, which is composed of nine members each from ...

Minimum wage: TUC asks FG to pay FAAC allocations of defaulting states to workers - Vimarsana News

Minimum wage: TUC asks FG to pay FAAC allocations of defaulting states to workers

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Tinubu may announce new minimum wage on Workers' Day - Vimarsana News

Tinubu may announce new minimum wage on Workers' Day

Indications have emerged that President Bola Tinubu may announce the new minimum wage on May 1 in commemoration of the International Labour Day and backdate its implementation to April.

BOK report sparks controversy over foreign care worker wages - Vimarsana News

BOK report sparks controversy over foreign care worker wages

A report by South Korea's central bank which called for bringing in foreign national care workers to fill a looming workforce shortage amid the country's rapid aging has sparked controversy here over its suggestion to hire them for below the minimum wage. In the report released last week, the Bank of Korea assessed that Korean national residents spent 3.7 million won ($2,775) per month as of last year hirin...