26 June, 2016
Our last article discussed proposals to amend Korean labour laws, introduced by the Park administration in September 2015. Employers should note that the proposals were not voted on and were automatically disposed of following the formation of the new Korean National Assembly in April's general election.
The new Korean National Assembly commenced its term on 30 May and the Opposition parties, who were strongly opposed to the proposed amendments, won a majority.
This makes it extremely unlikely that the proposed amendments will ever become law even if the ruling party tables the bills again.
For further information, please contact:
Peter Godwin, Partner, Herbert Smith Freehills
peter.godwin@hsf.com