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피터빈트

1st meeting to set 2024 minimum wage falls apart

By Yonhap

Published : April 18, 2023 - 18:31

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Labor activists hold a demonstration to demand next year's minimum hourly wage be set at 12,000 won ($9.10) in front of the Press Center in Seoul on April 18, 2023, where the Minimum Wage Commission is set to hold the commission's first plenary session. The commission failed to hold the meeting as the commission's head and other members representing public interests failed to attend it in protest of a labor activists' rally at the meeting. The 27-member commission, comprising nine each from three sides -- employers, employees and those representing social interests -- holds plenary meetings around this time every year to decide the following year's minimum wage. (Yonhap) Labor activists hold a demonstration to demand next year's minimum hourly wage be set at 12,000 won ($9.10) in front of the Press Center in Seoul on April 18, 2023, where the Minimum Wage Commission is set to hold the commission's first plenary session. The commission failed to hold the meeting as the commission's head and other members representing public interests failed to attend it in protest of a labor activists' rally at the meeting. The 27-member commission, comprising nine each from three sides -- employers, employees and those representing social interests -- holds plenary meetings around this time every year to decide the following year's minimum wage. (Yonhap)

The first negotiating session for next year's minimum wage fell through Tuesday, as public sector representatives stayed away from the meeting in protest of labor activists shouting slogans in the conference room.

The tripartite Minimum Wage Commission, which is composed of nine members each from labor, business and public sectors, was scheduled to meet for its first plenary meeting at 3 p.m. Tuesday to determine the minimum wage for 2024.

But public sector representatives, including Commission Chairman Park Joon-sik, refused to show up for the meeting, demanding that labor protesters calling for a sharp rise in the minimum wage first leave the meeting room.

As the chairman stayed away, labor representatives called off the meeting and left.

The commission is required by law to submit the minimum wage it set to the labor minister within 90 days of the minister's request. Labor Minister Lee Jeong-sik requested the commission's deliberation on March 31.

The labor minister, in turn, has to put up a public notice of the final minimum wage by Aug. 5.

The two biggest umbrella labor unions -- the Federation of Korean Trade Unions and the Korean Confederation of Trade Unions -- have demanded a 25 percent increase in the per-hour minimum wage to 12,000 won ($9.10) from this year's 9,620 won, citing high inflation.

Business representatives are, however, largely expected to demand freezing the minimum wage at the current level.

The 2023 minimum wage of 9,620 won represents an increase of 5 percent from the previous year's 9,160 won. (Yonhap)

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