Korea to adopt 5-hour part-time work system in 2014
Starting next year, more employees may be able to work shorter hours but still receive the same benefits afforded to full-time employees.
Two part-time workers would split the salary of one full-time worker.
More importantly, they will also be covered by the same benefits.
The plan is the brainchild of the Ministry of Employment and Labor and is part of the ministry's effort to achieve a 70-percent employment rate by 2017 and create 9-thousand part-time positions.
The ministry is expected to devise a bill outlining the plan by the end of the year.
If implemented, the new system would first be adopted by the central and local governments for public servants.
Teachers, nutritionists and accountants from public and private schools would be next in line to benefit from the new work system.
The ministry will also try to entice companies in the private sector to adopt the system as well by providing social insurance fee and tax deductions.
"Companies have said that, realistically, it is difficult to decide how to employ a part-time worker and give them raises as well as compensation, so we will come up with a good model that they can use."
The government is also seeking to create measures to aid the baby-boomer generation, those born between 1955 and 1963, who are now nearing retirement age.
Yoo Li-an, Arirang News.
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