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S. Korea's working hours likely to be shorter than OECD average in 2021: report

SEOUL, June 18 (Yonhap) -- South Korean workers are likely to work shorter hours than their counterparts in 34 mostly developed countries in eight years as Koreans' yearly working hours are being cut at a rapid pace, a report said Tuesday. South Koreans worked 2,090 hours in 2011, compared with 2,512 hours in 2000. It represents an annual average reduction of 38 hours, or 1.65 percent, Byun Yang-gyu, a research fellow of the Korea Economic Research Institute, said in the report.

Gov't to create nearly 1 mln part-time jobs to boost employment

SEOUL, June 4 (Yonhap) -- The government said Tuesday it will create nearly 1 million decent part-time jobs by 2017 as part of an effort to boost the country's employment rate by diversifying employment patterns and to give women, adolescents and the elderly more chances to work. It is one of the key measures under the government's comprehensive policy roadmap to raise the employment rate to 70 percent, a main pledge made by President Park Geun-hye during last year's election campaign. The latest government data showed South Korea's employment rate stood at 59.8 percent in April.

House approves measure that would let workers trade overtime pay for more time off

WASHINGTON - The Republican-led House on Wednesday approved a measure that would give private sector workers the option of trading overtime pay for extra time off weeks or months later. The bill, approved on a 223-204 vote, would allow employees who work more than 40 hours a week to save up to 160 hours of earned time off for future use. GOP lawmakers say they want to give busy working parents at private firms the same flexibility that public sector workers have to take time off to spend with their children or care for aging parents.

Overtime pay vs. time off: GOP wants a choice, but Democrats say plan would hurt workers

WASHINGTON - It seems like a simple proposition: give employees who work more than 40 hours a week the option of taking paid time off instead of overtime pay. The choice already exists in the public sector. Federal and state workers can save earned time off and use it weeks or even months later to attend a parent-teacher conference, care for an elderly parent or deal with home repairs.

work hours-survey

SEOUL, April 3 (Yonhap) -- Eight out of 10 people employed here work more than the legal limit of 40 hours per week, a survey showed Wednesday According to the survey of 587 workers, 81 percent, or 475 respondents said they work more than 40 hours per week. The survey was conducted by the Federation of Korean Trade Unions, one of the country's major umbrella labor unions, last month.

S Korea-work hours

SEOUL, March 13 (Yonhap) -- South Korea's average weekly working hours fell to an all-time low in 2012 as local firms reduced production amid an economic slump and new labor rules, data showed Wednesday. South Korean employees of companies with five or more employees put in an average 41.4 hours at work each week last year, compared to 41.9 hours tallied a year earlier, according to the data compiled by Statistics Korea.

Yahoo! fuels fresh debate on telecommuting

Telecommuting, a growing trend in the US workplace, is coming under fresh scrutiny following news that Yahoo! is curbing the practice. The trend of working from home has been gaining steam for decades, as part of a workplace evolution which allows greater family-work balance and saves energy and commuting costs. An internal Yahoo! memo from chief executive Marissa Meyer posted this week by the Wall Street Journal said employees will be required to come to their offices to "feel the energy and buzz" of the workplace.

Yahoo memo sparks debate on pros and cons of working at home

By Belinda Goldsmith LONDON, Feb 26 (Reuters) - An internal memo at Yahoo Inc introducing a ban on working from home has sparked a debate on whether remote working leads to greater productivity and job satisfaction or kills creativity and is just a chance to slack off. Working remotely has become commonplace due to technology and has been welcomed particularly by people with young families or those facing long and expensive commutes.
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