Dossier
revised Trade Union and Labour Relations Adjustment Act
Coverage of revised Trade Union and Labour Relations Adjustment Act in the Nexus archive.
- South Korean unions use new labour rules to push envelope on bonus demands
South Korea's new labor-friendly law, the Yellow Envelope Act, is facing scrutiny as unions demand bonuses tied to a fixed percentage of corporate profits. Critics warn the law could spark labor disputes, create business uncertainty, and threaten the recovering economy.