Latest from Employment Notes - Page 2

The Income Tax Act and its Enforcement Decree were recently revised to introduce a requirement for local subsidiaries or branches of foreign companies in South Korea to file information concerning stock-based compensation issued to their executives and employees by the foreign companies. This requirement became effective on 1 January 2024 to stock-based compensation received or

Recent additions to Employment Notes in the last few months of 2023 have covered case law developments on disability and work-related stress, neurodiversity, small scale redundancy consultation, bonus clawback provisions, belief discrimination and more. We also covered several employment law reforms which will require employers to update staff policies and HR procedures this year; in

Following the Protection from Redundancy (Pregnancy and Family Leave) Act last summer, draft regulations have now been published setting out the changes to redundancy protections due to apply from 6 April 2024.
Employees on maternity leave, adoption leave or shared parental leave already have the right to be offered a suitable alternative vacancy, if available,