Coupang Moves to Join Korea Employers Federation as Full Member... "For Regulatory Response Purposes"

[Image source=Yonhap News]

[Asia Economy Reporter Lee Seon-ae] Coupang is pushing to join the Korea Employers Federation, a domestic user organization.

According to the Korea Employers Federation and the distribution industry on the 17th, Coupang reportedly submitted an application to join the federation earlier this month. Unlike other organizations such as the Korea Chamber of Commerce and Industry, the Korea Employers Federation allows companies to voluntarily apply for membership.

The industry interprets Coupang's move to join the federation as a response to recent labor regulations, including the Serious Accident Punishment Act, amid a series of deaths among Coupang delivery workers.

A representative from the federation stated, "The Korea Employers Federation is actively promoting membership for new industry companies such as information technology (IT) and platform businesses," adding, "These companies appear to be using the federation to respond to increased policy risks such as reduced working hours and minimum wage hikes."

However, Coupang stated, "We have not joined the Korea Employers Federation."

This content was produced with the assistance of AI translation services.