Talks on next year's minimum wage
Unionized workers affiliated with the Korean Confederation of Trade Unions hold a banner saying, "Increase Minimum Wage Drastically," during a rally in Wonju, the capital of Gangwon Province, northeastern South Korea, on May 1, 2023, one day before the Minimum Wage Commission holds the commission's first plenary session, with the two biggest umbrella labor unions launching a campaign to achieve a 25 percent increase in the hourly minimum wage to 12,000 won (around US$9.10) from this year's 9,620 won. The 27-member commission, comprising nine each from three sides -- employers, employees and those representing social interests -- annually holds plenary meetings around this time to decide the following year's minimum wage. (Yonhap)
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