arirang news

The World On arirang

FRI, 2015-11-27 KST

arirang Head Menu

Korean workers producing more, making less Updated: 2014-04-28 03:43:41 KST

Korean workers are being paid less in recent years, even though their productivity has increased.
The Korea Institute of Finance says the gap between wages and productivity in Korea has grown since the 2008 financial crisis.
Korea had the fourth largest wage gap,.. after England, Japan and Israel.
The survey excluded Portugal, Italy, Ireland, Greece, Spain and countries that are not among the top 40 countries in the world for per capita GDP.
The report also showed productivity had increased by nearly ten percent over the same period.


bartektodde (USA) 2014-04-29 06:10:56 KST    

Western-style capitalism SHOULD let companies like Chrysler, General Motors, and big banks go out of business. Not receive government bailouts. The motto is, "Privatize profits and socialize losses".

wagn99 (USA) 2014-04-29 01:39:22 KST    

This is western-style capitalism. Look to the North for a more equitable system.

bartektodde (USA) 2014-04-28 06:57:26 KST    

They're producing more and being paid less. Where's the money going? My best guess is management is getting bonuses or pay increases.

fatboyme (USA) 2014-04-28 06:50:06 KST    


KOGL : Korea Open Government License
본 저작물 중 본문에 해당하는 뉴스 스크립트는 공공누리 제1유형-출처표시 조건에 따라 이용할 수 있습니다.
단, 영상 자료는 저작권 문제로 자유이용이 제한되니, 담당자에게 확인하여 주시기 바랍니다.
(국제방송교류재단 김형선 : ☎02-3475-5263)