South Korea's decision to raise the hourly minimum wage by 3.7 percent to 10,700 won ($7.19) immediately drew familiar criticism from both labor unions and busi

Labor and management representatives negotiating next year's legal hourly minimum wage narrowed the gap in their wage proposals to 200 won ($0.13)...

Labor and management representatives negotiating next year's legal hourly minimum wage narrowed the gap in their wage proposals to 200 won ($0.13) on Tuesday in

South Korea's Minimum Wage Commission on Tuesday set the country's 2027 minimum wage at 10,700 won ($7.19) per hour, a 3.7 percent increase from the current lev

The Minimum Wage Commission on Tuesday decided to set next year's legal hourly minimum wage at 10,700 won ($7.20), up 3.7 percent from this year. T...

South Korea's decision to raise the hourly minimum wage by 3.7 percent to 10,700 won ($7.19) immediately drew familiar criticism from both labor unions and busi

South Korea set its 2027 minimum wage at 10,700 won, or $7.18 an hour, a 3.7% increase from this year approved after labor-management talks failed.