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SME minister, lawmakers to hear out angry local business owners on minimum wage hike, 52-hour work week

2018-07-16 0 Dailymotion

Government officials and members of the National Assembly are preparing to address concerns regarding the minimum wage hike for next year,... and the new 52-hour work week initiative.<br /> The Korea Federation of SMEs says Minister of SMEs and Start-ups Hong Jong-hak will hold a meeting on Monday with representatives of small-and-medium businesses,... which have voiced strong opposition to the ten-point-nine percent wage floor increase.<br />Hong will also hear the opinions of small business owners themselves,... and discuss ways to cushion the blow of the government's recent decisions.<br />Five lawmakers also plan to hold talks with a nationwide alliance of convenience stores which are strongly opposed the hefty increase in the minimum wage.<br /> The nation's federation of small businesses are expected to seek out solutions,... including a system that differentiates wages,... according to the size of the business. <br />

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