Korean Tax Blog

Do Foreign Workers Get Severance Pay in Korea? “I am a foreign worker in Korea. Can I receive severance pay when I leave my job?” Yes. Foreign workers may also be entitled to severance pay in Korea if they meet the legal requirements. Being a foreign national does not by itself exclude you from Korea’s severance pay protections. Who Can Receive Severance Pay? In general, severance pay may apply when an employee: Has worked continuously for at least one year Has an average sch

Step-by-Step Guide 1. Eligibility Employees are eligible for severance pay if they have worked continuously for at least 1 year under...

The question of how to handle severance pay is a crucial one for both employees and employers. Let's explore this topic from both...

In a significant ruling, the Supreme Court (case numbers 2018다21821 and 2018다25502) clarified the legal position on waiving the right to...