President Moon says shorter work hours will be phased-in, starting with companies with 300+ employees
- 6 years ago
President Moon Jae-in is shining a light on the upcoming reduction of Korea's maximum weekly working hours from the current 68 to 52 hours.
The change will take effect starting July 1st.
And the president believes that such a change will bring about positive changes to workers' daily lives.
"It will serve as an opportunity for our workers, who have worked over 300 hours more than the average working hours of other OECD nations, to secure a decent quality of life by letting them enjoy their dinner time and spend more time with their families."
At a Cabinet meeting on Tuesday,.... President Moon said, shorter working hours will be a turning point for businesses to drive greater productivity through creativity,.... while also freeing up new jobs.
He insisted that society will be able to handle the change,... including,.... wage reductions and the extra burden on management,... since the new regulations will be phased-in,... starting with companies with more than 300 employees.
Regarding the recently-approved three-point-six billion dollar supplementary budget,... drawn up to create more jobs for young people and to boost the economy,... Mr. Moon urged the government to make sure that it's implemented without delay.
The change will take effect starting July 1st.
And the president believes that such a change will bring about positive changes to workers' daily lives.
"It will serve as an opportunity for our workers, who have worked over 300 hours more than the average working hours of other OECD nations, to secure a decent quality of life by letting them enjoy their dinner time and spend more time with their families."
At a Cabinet meeting on Tuesday,.... President Moon said, shorter working hours will be a turning point for businesses to drive greater productivity through creativity,.... while also freeing up new jobs.
He insisted that society will be able to handle the change,... including,.... wage reductions and the extra burden on management,... since the new regulations will be phased-in,... starting with companies with more than 300 employees.
Regarding the recently-approved three-point-six billion dollar supplementary budget,... drawn up to create more jobs for young people and to boost the economy,... Mr. Moon urged the government to make sure that it's implemented without delay.