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    Holiday Table

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    데이브자바이
    This document outlines salary policies for different categories of work days and holidays in Korea. It specifies that for no workdays with no pay like Saturdays, employees receive no pay. For unpaid holidays like public holidays, employees also receive no pay. For paid holidays like Sundays and Labor Day, employees receive 100% of their minimum wage and paid holiday allowance, as well as overtime pay of 50% for any hours worked over 40 hours/week.

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Holiday Table

    Uploaded by

    데이브자바이
    115 views1 page
    This document outlines salary policies for different categories of work days and holidays in Korea. It specifies that for no workdays with no pay like Saturdays, employees receive no pay. For unpaid holidays like public holidays, employees also receive no pay. For paid holidays like Sundays and Labor Day, employees receive 100% of their minimum wage and paid holiday allowance, as well as overtime pay of 50% for any hours worked over 40 hours/week.

    Original Description:

    Korean Holiday System Table

    Copyright

    © Attribution Non-Commercial (BY-NC)

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    This document outlines salary policies for different categories of work days and holidays in Korea. It specifies that for no workdays with no pay like Saturdays, employees receive no pay. For unpaid holidays like public holidays, employees also receive no pay. For paid holidays like Sundays and Labor Day, employees receive 100% of their minimum wage and paid holiday allowance, as well as overtime pay of 50% for any hours worked over 40 hours/week.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    115 views1 page

    Holiday Table

    Uploaded by

    데이브자바이
    This document outlines salary policies for different categories of work days and holidays in Korea. It specifies that for no workdays with no pay like Saturdays, employees receive no pay. For unpaid holidays like public holidays, employees also receive no pay. For paid holidays like Sundays and Labor Day, employees receive 100% of their minimum wage and paid holiday allowance, as well as overtime pay of 50% for any hours worked over 40 hours/week.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 1

    No Work Rendered Work Rendered

    Category Details
    (Salary) (Salary)

    100% of Minimum Mage + Overtime Pay (25% or 50%)


    Note : additional 25% only for 1st 4-hrs OT for companies that have
    just been implementing 40-hrs workweek system but within 3-yrs only
    No workdays with from implementation.
    no pay Saturdays No Work - No Pay
    무급휴무일)
    무급휴무일
    (무급휴무일 Ex) 44-hrs Workweek System: Working 10hrs
    -> 4hrs x 4,110won x 100% + 6hrs x 4,110won x 150%
    Ex) 40-hrs Workweek System: Working 8hrs
    -> 4hrs x 4,110won x 125% + 6hrs x 4,110wonx 150%

    All Public Holidays (refer below)


    New Year's day (Jan 1), Lunar New Year´s Day, 100% of Minimum Wage + Overtime Pay (50%)
    Unpaid Holidays Anniversary of the Independence Movement (Mar 1),
    Buddha''s Birthday, Children's day (May 5), Memorial No Work - No Pay
    무급휴일)
    무급휴일
    (무급휴일 Ex) Working 8hrs:
    Day (Jun 6), Independece Day of Korea (Aug 15),
    Harvest Festival (Chuseok), National Foundation
    -> 8hrs x 4,110won x 150%
    Day (Oct 3), X-Mas (Dec 25)

    100% of Paid Holiday Allowance (already included in the


    Sundays and Legal Day (Labor Day) 100% with Pay basic salary) + 100% of Min. Wage + Overtime Pay (50%)
    Paid Holidays Note : Sundays shall be considered as paid holiday
    (already included in the
    유급휴일)
    유급휴일
    (유급휴일 only if a worker has a perfect attendance in a regular
    basic salary) Ex) Working 10 hrs:
    working week)
    -> 8hrs x 4,110won x 100% + 10hrs x 4,110won x 150%

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