South Korea’s Minimum Hourly Wages Increase
South Korea’s Minimum Hourly Wages Increase The South Korean Ministry of Employment and Labor has raised the hourly minimum wage to 7,530 won ($6.64) for 2018, a spike from the current wage of 6,470 won per hour. This move is a significant step towards actualizing President Moon Jae-in’s goal of an hourly minimum wage of…
