"Yellow Envelope Act Could Shake the Foundations of Manufacturing"… Son Kyung-sik Sends Letter to All Members of the National Assembly
Son Kyung-sik, Chairman of the Korea Employers Federation, sent a letter expressing the business community's concerns about the amendment to the Labor Union Act to all members of the National Assembly.
On the 19th, the Korea Employers Federation announced that Chairman Son delivered a letter containing the business community's opinions on the amendments to Articles 2 and 3 of the Labor Union Act to all 298 members of the National Assembly. The opposition party has expressed its intention to pass the so-called "Yellow Envelope Act," an amendment to the Labor Union Act, at the plenary session of the regular September National Assembly, and the bill is scheduled to be submitted to the plenary session on the 21st.
Chairman Son stated, "The amendment to the Labor Union Act is a bill that could shake the manufacturing ecosystem, which is the foundation of the economy, to its roots," adding, "It could even threaten jobs for future generations."
He continued, "If the bill passes, there will be constant disputes against primary contractors," and added, "The industrial ecosystem between primary and subcontractors will collapse, and the hollowing out of domestic industries will become a reality."
Furthermore, Chairman Son expressed concern that the amendment would neutralize employers' claims for damages. The amendment stipulates that responsibility for illegal union activities should be divided individually according to the degree of participation.
He emphasized, "Most rulings recognizing damages liability for union members have been caused by extreme illegal activities such as workplace occupation, and if employers' claims for damages are also blocked, the industrial field will become lawless."
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Jeong Yu-kyung Is a Neighbor"...Itaewon Standalone House with Record 23.2 Billion Won Appraisal Up for Auction [Real Estate AtoZ]
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
Finally, Chairman Son earnestly appealed, "I sincerely ask you to reconsider the confusion and economic disaster that this bill will bring to the industrial field so that our companies can operate their businesses normally."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.