The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Seoul city erroneously sends emergency alert after NK launch

  • 3

    BTS' J-Hope to work as drill instructor at Army boot camp: sources

  • 5

    In-N-Out Burger pop-up store attracts record crowd

  • 7

    BTS' RM named honorary ambassador of war-remains excavation agency

  • 9

    INTERVIEWAsia expected to be key driver of ESG growth: Deloitte ESG Partner

  • 11

    Retailers adopt generative AI to offer personalized products, services

  • 13

    Korea, Japan resume dialogue on steel cooperation after 5-year hiatus

  • 15

    AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle'

  • 17

    EXO's Baekhyun, Xiumin and Chen in dispute with SM over contract issue

  • 19

    BTS to drop new digital single 'Take Two' next month

  • 2

    NK's attempt to launch 1st spy satellite fails after 'abnormal' flight: S. Korean military

  • 4

    Seoul City takes flak for bungled emergency text alert on NK's rocket launch

  • 6

    Rude cabbies in Seoul face stricter penalties

  • 8

    Committee calls for lowering requirements for foreigners to teach English online

  • 10

    Chinese account for 54% of foreign-owned homes in Korea

  • 12

    North Korea's spy satellite launch fails as rocket falls into sea

  • 14

    INTERVIEWLee Jun-hyuk unrecognizable in 'The Roundup: No Way Out'

  • 16

    Calls grow for female flight attendants to ditch skirts for pants

  • 18

    Mercedes-Benz Korea appoints new CEO

  • 20

    Seoul mayor apologizes for confusion after NK emergency alert

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
Fri, June 2, 2023 | 04:30
Companies
Over 70% of firms unwilling to embrace longer workweek
Posted : 2023-03-24 16:25
Updated : 2023-03-25 13:12
Lee Kyung-min
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
gettyimagesbank
gettyimagesbank
By Lee Kyung-min

More than seven out of 10 firms said they are not willing to embrace the recently proposed longer workweek, a study showed Friday. Of those who said they would, almost three-quarters said the longer workweek will be implemented only temporarily in the event of a short-term demand surge, production disruption due to equipment malfunctions or peak season.

Also, 74.5 percent of firms said they will make employees work less than 60 hours a week at most when the extended workweek is implemented. Among those who said their maximum work hours will be more than 60, 90.7 percent were manufacturing firms, a response indicative of an industry-wide labor shortage over the past few years.

The Korea Chamber of Commerce and Industry (KCCI) surveyed 302 firms and only 27.8 percent said they would adopt the maximum workweek of 69 hours.

About 56 percent said they would put in place the longer workweek if the government mandate expands in the months to come.

Of the 56 percent, 72.2 percent said the new system will be avoided unless it becomes necessary due to short-term client demands or unexpected disruptions.

Many of the surveyed companies said workers' health should be better protected.

About 32.5 percent said firms should map out concrete plans to enhance worker health, while 30.8 percent said specifics should be outlined and agreed upon through management and labor discussions.

Less than half, or 45.4 percent, said they guarantee workers can take government-mandated leave, whereas 54.6 percent said they give monetary compensation for unused leave quotas. About 32.7 percent said monetary compensation is a better option than workers taking leave or days off due to heavy workloads.

The revision will not be able to take root without open discussions of challenges and ways to resolve them, the respondents added, a process that should reflect the demands of both workers and employers.

Meanwhile, Friday's survey is somewhat contradictory compared to one released last month, immediately after the government rolled out the longer workweek revision.

In a separate survey of 502 firms, 79.5 percent said the revision will fortify corporate competitiveness and job creation, providing vitality to overall business activities.

About 80.7 percent said employment market conditions will be improved due to an increase in new job openings and strengthened job security.



Emaillkm@koreatimes.co.kr Article ListMore articles by this reporter
 
wooribank
Top 10 Stories
1In-N-Out Burger pop-up store attracts record crowd In-N-Out Burger pop-up store attracts record crowd
2Calls grow for female flight attendants to ditch skirts for pants Calls grow for female flight attendants to ditch skirts for pants
3Hallyu inspires Thailand to mull ways to export its culture Hallyu inspires Thailand to mull ways to export its culture
4Small business owners urge stricter rules on migrant workers switching jobs Small business owners urge stricter rules on migrant workers switching jobs
5Man gets five-year jail term for K-pop concert ticket fraud Man gets five-year jail term for K-pop concert ticket fraud
6Hamburger franchises having trouble in M&A market Hamburger franchises having trouble in M&A market
7[INTERVIEW] Partnership with allies is key to Seoul's space plans INTERVIEWPartnership with allies is key to Seoul's space plans
8Pyongyang seeks to portray rocket as science effort by admitting failure: experts Pyongyang seeks to portray rocket as science effort by admitting failure: experts
9Pandas at Everland become tourist magnet Pandas at Everland become tourist magnet
10Nexon case reignites controversy over high level of inheritance tax Nexon case reignites controversy over high level of inheritance tax
Top 5 Entertainment News
1From hardcore action to heart-throbbing romance, series to hit in June From hardcore action to heart-throbbing romance, series to hit in June
2[INTERVIEW] Lee Jun-hyuk unrecognizable in 'The Roundup: No Way Out' INTERVIEWLee Jun-hyuk unrecognizable in 'The Roundup: No Way Out'
3'Elemental' director on bringing his personal story of immigration to cinema 'Elemental' director on bringing his personal story of immigration to cinema
4SHINee celebrates 15th anniversary of debut: 'It feels surreal' SHINee celebrates 15th anniversary of debut: 'It feels surreal'
5ENHYPEN reaches new career high with latest album 'Dark Blood' ENHYPEN reaches new career high with latest album 'Dark Blood'
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group