Monthly
16.34% - 34.84%
13%
South Korean workers are not entitled to statutory sick leave.
All female employees are entitled to 90 days of paid maternity leave, which is covered by a range of government and employer payments the relative divisions of which are determined by the company’s size. Maternity leave is normally split into 45 days before the due date and 45 after. In the case of complicated or multiple births, paid maternity leave is increased to 120 days.
Paid paternity leave is set at 10 days, with five paid by the employer and five by the government. The 10 days must be taken within the first 90 days after the child is born.
There is a standard process for termination of employment in South Korea. The process requires employees to give justifiable reasons or to prove that there is an urgent managerial need for the termination.
Standard practice is one month’s notice. However, this is not a legal requirement.
Mandatory severance pay must be paid to all employees who have completed at least one year’s service. Rates of pay are set at one month’s salary for each year of employment.
Typical probationary periods are between one and three months.
Monthly
16.34% - 34.84%
13%
South Korean workers are not entitled to statutory sick leave.
All female employees are entitled to 90 days of paid maternity leave, which is covered by a range of government and employer payments the relative divisions of which are determined by the company’s size. Maternity leave is normally split into 45 days before the due date and 45 after. In the case of complicated or multiple births, paid maternity leave is increased to 120 days.
Paid paternity leave is set at 10 days, with five paid by the employer and five by the government. The 10 days must be taken within the first 90 days after the child is born.
There is a standard process for termination of employment in South Korea. The process requires employees to give justifiable reasons or to prove that there is an urgent managerial need for the termination.
Standard practice is one month’s notice. However, this is not a legal requirement.
Mandatory severance pay must be paid to all employees who have completed at least one year’s service. Rates of pay are set at one month’s salary for each year of employment.
Typical probationary periods are between one and three months.