ID :
183712
Mon, 05/23/2011 - 05:11
Auther :
Shortlink :
https://oananews.org//node/183712
The shortlink copeid
Wage hikes at major firms reach 5 percent: ministry
SEOUL (Yonhap) - Wage hikes agreed upon at domestic private and public enterprises this year averaged 5 percent as of April, up 0.4 percentage points from the same period of last year, the labor ministry said Monday.
According to a survey conducted by the Ministry of Employment and Labor, 843 companies with over 100 employees that concluded wage deals by April called for a 5 percent raise in salary for this year, up from last year's 4.6 percent.
The rate of management-labor wage deal settlement reached 10 percent as of April, down 0.9 percentage points from the same period last year, it said.
The study also showed that wage increases in the service sector reached 5.1 percent, compared to the public sector's 2.6 percent.
By industry, the mining industry posted a 23 percent salary increase and the publication, broadcasting and information service industry hit 6 percent, the survey said.
According to a survey conducted by the Ministry of Employment and Labor, 843 companies with over 100 employees that concluded wage deals by April called for a 5 percent raise in salary for this year, up from last year's 4.6 percent.
The rate of management-labor wage deal settlement reached 10 percent as of April, down 0.9 percentage points from the same period last year, it said.
The study also showed that wage increases in the service sector reached 5.1 percent, compared to the public sector's 2.6 percent.
By industry, the mining industry posted a 23 percent salary increase and the publication, broadcasting and information service industry hit 6 percent, the survey said.
