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South Korea plans to cut its workweek to 36 hours by 2025, aiming to boost work-life balance and birth rates.
South Korea is moving forward with plans to adopt a 4.5-day workweek, reducing the standard workweek from 40 to 36 hours without pay cuts, as part of President Lee Jae Myung’s pledge to improve work-life balance and address low birth rates and economic stagnation.
The government aims to introduce a bill by late 2025 and form a task force to develop a roadmap, offering incentives to businesses.
However, business groups warn shorter hours without productivity gains could hurt competitiveness, especially for small firms, amid concerns over South Korea’s low labor productivity compared to other advanced economies.
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Corea del Sur planea reducir su semana laboral a 36 horas para el año 2025, con el objetivo de impulsar el equilibrio entre la vida laboral y personal y las tasas de natalidad.