Employers must create a labor contract and provide a copy to the employee. Since 2021, it is possible to issue a labor contract in electronic form. A labor contract must be provided to all workers who provide labor, regardless of their employment status, including full-time, part-time, and temporary workers. If you do not create a labor contract, you may be fined up to 5 million won. The labor c..
Minimum wage Wage means all the money paid to a worker as compensation for labor, including salary, pay, or any other designation. The minimum wage is a labor standard that must be observed even in workplaces with less than five employees. As of 2023, the minimum wage is 9,620 KRW per hour, which amounts to 2,010,580 KRW per month. Creating a labor contract Two copies of the labor contract must ..