Analysis of the Functional Level of Labor Relations: Focusing on Wage and Collective Bargaining and Labor Disputes

Yong-Jin Nho
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Yong-Jin Nho: Seoul National University of Technology and Science

Chapter 7 in Employment Relations in South Korea, 2014, pp 115-135 from Palgrave Macmillan

Abstract: Abstract After years of pent-up frustration, Korean unionism exploded back into motion in 1987, whereupon the traditional functions of industrial relations — wage bargaining and collective bargaining — were activated. As a characteristic of an emerging stage of unionism, union members as well as their leaders focused more on improving wages and working conditions that had a direct impact on the lives of workers than on the institutional development of collective industrial relations. This led to frequent labor disputes and very high wage increase rates. Moreover, because most of the bargaining units were at enterprise level, this in turn led to the problematic widening of interfirm wage differentials.

Keywords: Collective Bargaining; Industrial Relation; Wage Increase; Corporate Financial Performance; Wage Bargaining (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-42808-0_7

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DOI: 10.1057/9781137428080_7

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