Introduction
Businesses that need to reduce their workforces due to competitive, technological, or financial pressures, can find Korea’s legal environment, with its robust legal protections for employees’ job-security, difficult to navigate without experienced and competent counsel. We have advised a variety of large multinational corporations, as well as mid-size and small-size companies, in connection with significant downsizing and outsourcing plans to ensure compliance with the strict requirements of Korea’s labor law. We are also able to provide comprehensive assistance in the planning and execution stages of a workforce-reduction plan, including the offer of Early Retirement Packages (ERPs), through any potential litigation over layoffs. We understand that a well thought-out restructuring plan necessitates a careful consideration of the specific regulatory and cultural context in which our clients operate in Korea.
In addition, we frequently advise our clients on how to handle employee performance issues. Given the constraints of Korean employment law, it is important to actively and carefully manage employee poor performance. We provide legal and practical advice on various personnel measures in relation to performance management, such as the implementation of a Performance Improvement Plan (PIP) or job transfer.
In addition, we frequently advise our clients on how to handle employee performance issues. Given the constraints of Korean employment law, it is important to actively and carefully manage employee poor performance. We provide legal and practical advice on various personnel measures in relation to performance management, such as the implementation of a Performance Improvement Plan (PIP) or job transfer.
Professionals
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Updates/Awards
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Publications
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