Women's Wages in Public Institutions and Large Corporations Are 68% of Men's
Ministry of Employment Discloses List of Workplaces Failing to Implement Active Employment Improvement Measures
[Sejong=Asia Economy Reporter Moon Chaeseok] It has been revealed that the average wage of female workers employed at public institutions and large corporations is less than 70% of that of male workers.
According to the Ministry of Employment and Labor on the 27th, the average wage of female workers belonging to domestic public institutions and workplaces with over 500 employees, which are subject to proactive employment improvement measures, was only 67.9% of that of male workers.
Proactive employment improvement measures are a system that encourages workplaces to voluntarily meet criteria such as the proportion of female workers to promote gender employment equality. Last year, 2,486 workplaces were subject to these measures.
Last year, the Ministry of Employment and Labor received and analyzed data on gender wages from workplaces subject to proactive employment improvement measures for the first time. This analysis was based on total wages in 2019, and 467 workplaces with detected errors were excluded from the analysis.
The average wage of female managers was 83.7% of that of male managers. Although the gender wage gap was smaller among managers than among workers, female managers earned nearly 20% less than their male counterparts.
The average length of service for female workers was 74.8 months, about two years shorter than that of male workers (98.5 months). The average length of service for female managers (151.5 months) was also less than that of males (159.0 months). On this day, the Ministry of Employment and Labor also disclosed the list of 30 workplaces that failed to implement proactive employment improvement measures.
These are workplaces judged to have insufficient efforts by employers to employ women, with the proportion of female workers or managers falling below 70% of the industry and size averages for three consecutive years.
Among the workplaces included in the list, those with over 1,000 employees were Daesingi Gong, Miseong Empro, Ssangyong C&E, IBS Industry, Korea Financial Safety, Hyundai Management System, and Hyundai Catering System, totaling seven workplaces.
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- Meta Begins 10% Workforce Reduction...Zuckerberg: "No Additional Company-Wide Layoffs This Year"
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Workplaces that fail to comply with proactive employment improvement measures will face disadvantages such as public disclosure of their names and deduction of credibility scores in evaluations designated by the Public Procurement Service.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.