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[labor news] Will the revision of the minimum wage fixing machinery be resolved through social dialogue?
▲ Economy and Finance Minister and Deputy Prime Minister Hong Nam-ki shakes hands with Moon Sung-hyun, Chairman of the Economic, Social and Labor Council(ESLC) at his visit to the ESLC office in central Seoul on January 14. [Jeong Ki-hoon/The Labor Today]

A social dialogue to discuss the revision of the minimum wage fixing machinery which appeared as one of the most contentious labor issues along with the expansion of the unit period of the flexible working hour system is anticipated to begin soon.

The Minimum Wage Commission decided to convene a plenary meeting on January 18 by accepting a request made by its workers’ members for a consultation between workers’ members and employers’ members in protest of a unilateral revision plan initiated by the government. The plenary meeting will make a decision if the Minimum Wage Commission will deal with the debates regarding the minimum wage fixing machinery including its revision. Economy and Finance and Deputy Prime Minister Hong Nam-ki paid a visit to the Economic, Social and Labor Council(ESLC) on January 14 and reconfirmed his intention for the institutional revision, but with emphasis on the social dialogue, he added that “(he will) make a close consultation with the labor circle.” In this regard, Finance Minister Hong asked ESLC Chairman Moon Sung-hyun for his cooperation. Finance Minister Hong was severely criticized by the labor circle when he announced his position on the revision of the minimum wage fixing machinery at a government meeting held early this month to work out the measures to reinvigorate the economy.

reported by Lee Eun-young
translated by Kim Sung-jin

번역 김성진  goyong1472@gmail.com

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