Why is Korea’s Legal Severance Pay So Important? How Does It Differ from Foreign Systems?
Severance pay in Korea isn’t just a farewell gift for employees—it’s a legal right and a financial safety net deeply rooted in the...
How Should Severance Pay Be Managed?
The question of how to handle severance pay is a crucial one for both employees and employers. Let's explore this topic from both...
Korean Supreme Court Expands Scope of Regular Wages: Implications for Businesses
On December 19, 2024, the South Korean Supreme Court made a landmark ruling that conditional bonuses, such as regular bonuses tied to...
Understanding the Validity of Waiving Severance Pay: Insights from Supreme Court Case 2018다21821
In a significant ruling, the Supreme Court (case numbers 2018다21821 and 2018다25502) clarified the legal position on waiving the right to...
