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A Review on Compliance Measures of Minimum Wage

  • Legal Theory & Practice Review
  • Abbr : LTPR
  • 2018, 6(1), pp.225-263
  • Publisher : The Korea Society for Legal Theory and Practice Inc.
  • Research Area : Social Science > Law

HoChang Roh 1

1호서대학교

Candidate

ABSTRACT

The minimum wage is the minimum cost of using somebody’s labor. In Korea, the minimum wage system has been implemented since 1988 and is a constitutional requirement speculated in the Constitution. The minimum wage is a task for establishing the order of employment and fair competition in Korea, and it is the minimum device for the protection of the right to survival for the people. Therefore, it is very important to secure the minimum wage. Currently, more than 10 percent of workers are not receiving the minimum wage, and their number is about 3 million. This can be regarded as undesirable in the reality of Korea, within the world’s 10th largest economy. The Minimum Wage Act stipulates only punishment like imprisonment or fine for violations of the minimum wage. The regulation is so uniform and extreme that it becomes impossible to effectively regulate minimum wage violations and to let employers comply with the minimum wage. So, in order to let employers comply with the minimum wage, it is required to review various measures in details including additional money and to search for an effective design.

Citation status

* References for papers published after 2023 are currently being built.