News from Korea Times.
KOREA 2017 MINIMUM WAGE INCREASE
Minimum wage may rise to W6,500 in 2017
음성듣기
By Chung Hyun-chae
Next year’s minimum wage is likely to be set at 6,500 won ($5.74) an hour, a 7.7 percent increase on this year.
Representatives of employers and employees will announce the result of their talks today after holding a Minimum Wage Council meeting at the Government Complex in Sejong City on Friday.
Third-party council members representing the public proposed a minimum wage of 6,253 won to 6,838 won as a compromise on July 12.
The proposal came as representatives of both sides failed to narrow their differences on the wage rise during lengthy negotiations.
Employers insisted on a freeze, citing financial difficulties. Workers have demanded the minimum wage be increased to over 10,000 won.
Sources said there is a high possibility the two sides may agree to the compromise deal to increase the wage by around 7.7 percent.
This year's minimum is 6,030 won an hour. If a person works eight hours a day, five days a week, his or her monthly minimum salary is 1.26 million won.
If the minimum wage is raised to 6,500, as expected, a worker’s monthly salary will rise to about 1.35 million won.
The third-party council members are entitled to propose the lower and upper limits of a wage hike when employers and employees cannot agree.
In light of last year’s case, it is highly possible the minimum wage will be set at the median of 6,545 won, a third-party council member said.
In 2015, the third-party members proposed a wage rise between 5,940 won and 6,120 won after the negotiations broke down, and finally the wage was set at 6,030 won.
But some negotiators representing small businesses have kept a hard-line stance, saying they cannot accept even a 3.7 percent increase, which is the lower limit.
“Considering that economic growth is around 2 percent and inflation remains around 1 percent, a 3.7 percent increase in the minimum wage is kind of burying our head in the sand,” a council member representing small businesses said.
Meanwhile, labor rights advocates argue a higher wage rise is necessary to resolve the nation’s widening income disparity and improve the living standards of low-income workers.
Since the government introduced the minimum wage in 1988, the Minimum Wage Council ― nine members each from labor, management and the public ― has set the minimum wage through a vote.
The wage goes into effect if it is approved by a majority vote, based on more than half of members attending.
The regulation calls on the minister of employment and labor to declare next year’s minimum wage by Aug. 5. And the council is required to set the wage at least 20 days earlier because the minister’s declaration needs government approval. This virtually sets the deadline around July 16.
Filipino EPS Workers Association (FEWA)
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29/01/2016
Please continue to support ABROAD ME my fellow FEWANIANS!
Marami sa mga kababayan nating Pilipino ang piniling mangibang bansa sa paghahangad na magkaroon ng magandang buhay para sa kanilang mga sarili at kani-kanilang mga pamilya. Ikaw bilang isang OFW, napag-isipan mo na ba kung paano mo maisasakatuparan ang pangarap na ito?
It is never wrong to dream of something big, of something grand, of something better. Be guided. Grab a copy of ABROAD ME!
"Abroad Me: 22 Success Strategies for Young Overseas Filipinos" is a book for the savvy .
A new breed of young Filipino professionals are on the move for top jobs in international destinations. But many are at a loss in the process of going abroad.
They face crossroads in preparing for departure, adapting in the new society, and planning for the next step in their careers.
Abroad Me is a 140-page book for Filipinos who are figuring out how to succeed overseas. The workbook-type guide has 22 chapters each with short, blog-like introductory text and a series of exercises and activity prompts. The book builds on inspiring and preparing Filipinos for their adventures abroad.
GRAB A COPY NOW! A portion of all proceeds will be donated to FEWA's 'Baliktanaw Project'.
Kindly contact FEWA for more details.
Maraming salamat po! Thank you! 감사합니다!
Thank you to the Filipino community in Korea for such a warm welcome! Thank you Regina Arquiza for making this possible!
17/08/2015
: How do you see yourself after your journey as an OFW?
On 23 August, the Filipino EPS Workers Association (FEWA) will be having an Induction Ceremony at the Philippine Embassy, Seoul City. Part of this event is the official launch of the book 'ABROAD ME' in Korea.
RESERVE A COPY NOW! A portion of all sales will be donated to FEWA's 'Baliktanaw Project'.
Kindly contact FEWA for more details.
Maraming salamat po! Thank you! 감사합니다!
14/08/2015
For our kababayans in Korea, be sure to make Abroad Me your OFW companion!
GRAB A COPY NOW! Kindly contact the Filipino EPS Workers Association (FEWA) for more details.
You may also find the book from any of these amazing bookstores! Check out our list of stores here: http://abroadme.com.ph/stores
Maraming salamat po! Thank you! 감사합니다!
14/08/2015
How do you see yourself after your journey as an overseas Filipino?
Make the right move. Abroad Me is not only available in major Philippine bookstores and in Amazon.com, you can also get a copy from the Filipino EPS Workers Association (FEWA).
Kindly contact FEWA for more details.
Maraming salamat po! Thank you! 감사합니다!
13/08/2015
Marami sa mga kababayan nating Pilipino ang piniling mangibang bansa sa paghahangad na magkaroon ng magandang buhay para sa kanilang mga sarili at kani-kanilang mga pamilya. Ikaw bilang isang OFW, napag-isipan mo na ba kung paano mo maisasakatuparan ang pangarap na ito?
It is never wrong to dream of something big, of something grand, of something better. Be guided. Grab a copy of ABROAD ME!
"Abroad Me: 22 Success Strategies for Young Overseas Filipinos" is a book for the savvy .
A new breed of young Filipino professionals are on the move for top jobs in international destinations. But many are at a loss in the process of going abroad.
They face crossroads in preparing for departure, adapting in the new society, and planning for the next step in their careers.
Abroad Me is a 140-page book for Filipinos who are figuring out how to succeed overseas. The workbook-type guide has 22 chapters each with short, blog-like introductory text and a series of exercises and activity prompts. The book builds on inspiring and preparing Filipinos for their adventures abroad.
GRAB A COPY NOW! A portion of all proceeds will be donated to FEWA's 'Baliktanaw Project'.
Kindly contact FEWA for more details.
Maraming salamat po! Thank you! 감사합니다!
The Filipino EPS Workers Association (FEWA) is proud to introduce the book 'ABROAD ME' to all our kababayans in Korea!
"Abroad Me: 22 Success Strategies for Young Overseas Filipinos" is a book for the savvy .
A new breed of young Filipino professionals are on the move for top jobs in international destinations. But many are at a loss in the process of going abroad. They face crossroads in preparing for departure, adapting in the new society, and planning for the next step in their careers.
Abroad Me is a 140-page book for Filipinos who are figuring out how to succeed overseas. The workbook-type guide has 22 chapters each with short, blog-like introductory text and a series of exercises and activity prompts. The book builds on inspiring and preparing Filipinos for their adventures abroad.
GRAB A COPY NOW! A portion of all proceeds will be donated to FEWA's 'Baliktanaw Project'.
Kindly contact FEWA for more details.
Maraming salamat po! Thank you! 감사합니다!
10/10/2014
If you are in Manila, please do come to the launch of 'Abroad Me' in Fully Booked, High Street at exactly 5:30pm. See you!:)
https://m.facebook.com/story.php?story_fbid=10152326285542882&id=706987881
"Abroad Me" Book Launch "Why do you want to work abroad?" The same motivation is true to millions of overseas Filipino workers (OFW)…
15/09/2014
Hi! Good evening. Please support Priméra talents in the Search for Silverworks Class of 2014 Brand Ambassadors. Kindly click the links below and like their photos:
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www.primeraproductions.com
Think first class. Think Priméra.
BIG BIG THANKS!:)
LICHIELLLE LARAINE PADILLA - NU
MADE OF SILVERWORKS
Good morning! I need help. My 18 year old niece might go to Korea tomorrow for a conference in KyungHee. And since she is very young and there's no one to pick her up, baka po meron sa inyo na pwede sya matulungan. Though her flight is not confirmed yet, pero if matutuloy sya, 1am ang alis ng Pinas. Makakarating po sya dyan around 5:30-6am. Please please help. Thank you!:)
Calling all FEWA volunteers and members to attend and participate on May 8 Labor Day celebration at Tongsong High School (football grounds)..Maraming salamat po and see you!...
Abangan bukas (March 14, 2011) ang usapang EPS - EXTENSION - LABOR UPDATES - SERVICES PROVIDED by the Philippine Embassy sa Multicultural Family Music Broadcast for Filipinos with Labor Attache Felicitas Q. Bay! ON-AIR 9am 3pm 9pm at 3am. ^^
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