Hapcheon-gun Small Business Support Center Offers Free Consultation on Revised Labor Standards Act
[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] The Small Business Support Center in Hapcheon-gun, Gyeongnam announced on the 19th that it will provide free consultations to local small business owners regarding the revised Labor Standards Act and its enforcement decree.
The main point of the recent revision is that all business owners, regardless of the size of their workplace, including those with fewer than 5 employees, must provide detailed payroll statements on paydays to all workers?whether daily workers, part-time, or full-time employees?showing the calculation details. Failure to provide these statements may result in a fine of up to 5 million KRW per worker.
Any small business owner with employees at their workplace can receive guidance at the Hapcheon-gun Small Business Support Center.
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Yoo Jang-min, president of the Small Business Association, stated, “Any small business owner can use the Small Business Support Center, and we will do our best to provide guidance so that no disadvantages arise from the revised Labor Standards Act.”
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