More than half of the foreign companies operating in Korea have expressed concerns about an upcoming pro-labor law revision package that is commonly referred to as the yellow envelope law. This ...
Businesses are fuming over the opposition-led passage of a bill package that restricts their ability to seek damages in the event of losses related to labor strikes. Proponents argue that such bills ...
The Yellow Envelope Act (Amendment to Articles 2 and 3 of the Trade Union and Labor Relations Adjustment Act) passed the National Assembly plenary session, led by the ruling party, following an ...
South Korea’s labor relations are set for a major shift. On Aug. 24, South Korea’s National Assembly passed a landmark amendment to the Trade Union and Labor Relations Adjustment Act, better known as ...
Starting next March, labor unions will be able to legally strike to oppose corporate restructuring or layoffs. Restructuring often occurs through management decisions such as corporate mergers, sales, ...
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Yellow envelope law is tip of iceberg
The yellow envelope bill’s passage through the National Assembly did not happen overnight. It is not because the ruling party held a majority of seats. It is the result of the conservative camp’s ...
With just one week left until the enforcement of the revised Articles 2 and 3 of the Trade Union and Labor Relations Adjustment Act, commonly known as the "Yellow Envelope Act," demand for legal risk ...
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