The owner of a Seoul-based Mexican restaurant is concerned about the enactment of a pro-labor workplace safety act, as he will end up spending more on labor and legal consultations. He argued the act will also shrink the overall sentiment for most self-owned businesses, which will do little good in creating more jobs.
A controversial pro-labor safety act will harm the interests of small business owners, as most of them are not ready to allocate relevant budgets or hire personnel in order to better abide by the law, which punishes employers for any serious workplace-related accidents, Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik told reporters during a press conference, Monday.
The business community and President Yoon Suk Yeol conveyed their profound disappointment following unsuccessful parliamentary negotiations on extending the grace period for the country's workplace safety law for small businesses by an additional two years. Labor groups, on the other hand, have embraced the latest developments, viewing them as positive steps in ensuring enhanced worker safety standards. The work.
Owners of businesses with fewer than 50 employees will face penalties in the event of serious industrial accidents starting this Saturday after the National Assembly failed to reach an agreement on delaying the implementation of a relevant workplace safety law on Thursday.
Concerns are mounting as the two-year grace period for small firms on a workplace safety law is set to expire this week, after major parties failed to agree on granting an additional grace period. The Yoon Suk Yeol administration and the ruling People Power Party sought an additional two-year grace period for the enforcement of the Serious Disasters Punishment Act for firms with fewer than 50 employees. The ruling pa.