Minimum Wage Negotiation Proposal: 10,770 Won vs. 10,640 Won (14th)
During the minimum wage deliberation on the 14th, the gap between the workers' proposal of 10,770 won and the employers' proposal of 10,640 won narrowed to 130 won. Earlier discussions had a maximum gap of 600 won, and the minimum wage next year is likely to be determined in the range of 10,600 to 10,860 won.
During the minimum wage deliberation on the 14th, the gap between the workers' proposal of 10,770 won and the employers' proposal of 10,640 won narrowed to 130 won. This matter is a key variable in deciding next year's minimum wage level.
At the beginning of the deliberation, the gap was 600 won with the workers' proposal at 11,150 won and the employers' proposal at 10,550 won. Subsequently, both sides submitted several revised proposals.
At one point, the gap was narrowed to 200 won with the workers' proposal at 10,820 won and the employers' proposal at 10,620 won. Additional adjustments followed.
In the final 12th revised proposal, it was summarized to the workers' proposal of 10,770 won and the employers' proposal of 10,640 won. Voting or final adjustment procedures are still pending.
During the deliberation process, some committee members advocated for a 'significant increase,' while others suggested a '2% minimum threshold,' leading to continued differences of opinion. One report indicated that it is highly likely that next year's minimum wage will be determined in the range of 10,600 to 10,860 won.
The committee is coordinating additional revised proposals and voting schedules. Related procedures and the timing of the final decision will be announced later.