South Korea on Employee Rights/ Labour Relations

Since South Korea hosted the Summer Olympics in 1988, there have been numerous developments in employment and labor laws in the country.

"You're fired!" - a phrase popularized by Donald Trump on the television show The Apprentice - is hardly imaginable in Korea's tightly regulated labor market.

In recent times, governments, global investors, and companies have increasingly emphasized the importance of systems that prioritize basic human welfare and dignity, alongside ESG management that aligns with the interests of all stakeholders.