Labor ministry's new guidelines exclude profit-linked bonus demands from mandatory bargaining

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Source: South Korea
Published: 2026-09-03 16:43 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Financial Markets, Labour & Workers
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Snippet:
SEOUL, Sept. 3 (Yonhap) -- The labor ministry on Thursday issued new guidelines for labor negotiations, outlining demands for bonuses tied to a fixed percentage of a company's profit cannot be a mandatory subject of collective bargaining.
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