Chapter 1: Calculating the number of regular workers and their working hours

Section 1 Labor Laws Employers Must Be Aware of
01.
When there are many violations of the law when drafting an employment contract
· Place of employment and job description
· Wage components and calculation methods
· Part-time workers: Working hours per working day
02.
3.3% employment contract and 4 major insurance subscriptions
03.
It doesn't end with just a fine for unpaid wages.
04.
Is there any problem with giving 30 days' notice of dismissal?
05.
Is the memorandum unconditionally effective?
06.
Severance pay should not be included in the monthly salary.
Section 2: Calculating the number of regular workers
01.
Calculation of the number of regular workers
· Workers included in the number of workers and those not included
· Date of occurrence of the reason
· Number of employees per year
· Working days included in the number of operating days
02.
Criteria for determining the number of regular workers
· If the number of employees divided by the number of working days is 5 or more
· If the number of employees divided by the number of working days is less than 5 people
03.
Example of calculating the number of regular workers
[Case] ​​How do I calculate the number of full-time employees in a family business?
[Example] Number of regular workers, including workers who work only on certain days of the week and those who work in shifts
[Example] Number of regular employees in cases where there are multiple companies under the same CEO
Section 3 Application of duties according to number of regular workers
01.
The Labor Standards Act applies only to workplaces with five or more employees.
02.
The Labor Standards Act applies even to workplaces with fewer than 5 employees.
03.
Application of labor relations laws according to number of employees
Section 4 Working Hours for Calculating Statutory, Scheduled, and Regular Wages
01.
Basic concepts that are useful to know in advance
· Meaning of the 1st day
· Meaning of 1 week
· Meaning of 4.345 weeks
02.
Statutory working hours (statutory working hours)
03.
Regular working hours (agreement working hours)
[Example] In case of shortened working hours, the daily standard working hours
[Example] Standard working hours when contracted to work 6 days a week
[Case] ​​Standard working hours under flexible working hours system
04.
Standard hours for calculating regular wages (paid working hours for salary calculation)
· Calculation method for standard hours for calculating regular wages
· Calculation of standard hourly wage using standard wage calculation standard hours
· Standard hours for calculating regular wages in cases of overtime or holiday work
05.
How to calculate daily wages in compliance with the Minimum Wage Act
Section 5 Working Hours - Paid: Break Time - Unpaid (Fake Break Time)
01.
Working hours stipulated by law
02.
Break time
Section 6 Legal working hours when using half-day leave
Section 7 Deduction of salary for going out, being late, or leaving early
01.
Salary deduction in case of going out, being late, or leaving early
02.
Annual leave is deducted in case of going out, being late, or leaving early.
Section 8 Not all holidays are the same.
(Statutory holidays, statutory public holidays, and contractual holidays)
01.
statutory holidays
02.
Contracted holidays
03.
Does the weekend have to be on Sunday?
04.
How do I calculate holidays when holidays overlap?
Section 9 Work Processing on Substitute Holidays
01.
Substitute public holidays
02.
Holiday replacement
03.
Long-term leave system
04.
Compensatory leave system

Chapter 2 Salary and Allowances

Section 1: What you need to know about labor costs
Section 2 What tasks are involved in payroll?
01.
Working Hours Management
02.
Salary calculation and payment
03.
Payroll-related data management
04.
Compliance and Reporting
05.
Payroll Reporting and Analysis
06.
Other tasks
Section 3 Wage Payment Principles That Must Be Observed
01.
Cash payment principle
02.
Principle of direct payment
03.
Principle of full payment
· Wage offset
· Waiver (return) of wage claims
· Wage cuts
04.
Principle of regular payment
Section 4 Essential Conditions for Salary, Wage, Monthly Salary, and Salary
01.
What the employer will pay to the worker
02.
Payment in return for work
03.
Any money or valuables, regardless of name
[Case] ​​Distinction between employer and employee under the Labor Standards Act
Section 5: Calculation of minimum wage
01.
Determining whether minimum wage is violated
02.
Wages not included in the minimum wage
03.
Calculating the minimum wage
[Case] ​​Application of minimum wage to trainee workers
[Case] ​​Can 80% or 90% of salary be paid during the training period?
[Case] ​​Minimum wage including food subsidy
[Case] ​​Minimum wage including holiday pay
[Case] ​​Comprehensive wage minimum wage
03.
Statute of limitations for unpaid wages due to failure to meet minimum wage
03.
If the minimum wage increases during the annual salary contract period of an annual salary worker
04.
Obligation to notify minimum wage
Section 6 Calculation of regular wages and regular hourly wages
01.
Standards for determining regular wages
· Compensation for regular work
· Regularity
· Uniformity
02.
Wages that fall under the normal wage category
· Whether various allowances are included in the regular wage
· Regular wage conditions for bonuses
03.
Calculation process for standard hourly wage
· Add up all amounts received regularly and uniformly each month (regular wages).
· Regular hourly wage = The amount of the regular wage added up is divided by 209 hours.
04.
The regular wage can also be the average wage.
[Case] ​​How to handle singular numbers when calculating salary (wage)
Section 7. How to calculate the monthly salary of mid-career hires and mid-career leavers by date
[Case] ​​Problems with Saturday processing when calculating salary for work days
Section 8 It is not a wage determined by the Comprehensive Wage System Act.
01.
Requirements for recognition as comprehensive wages
02.
Wages that cannot be included in comprehensive wages
03.
Separation of basic salary and overtime pay
04.
Contract including retirement pay in the comprehensive wage system
05.
Contract including annual leave allowance in comprehensive wage system
06.
When an employee leaves work early and does not work overtime as scheduled
· When the actual overtime work hours are more than the fixed overtime pay
· When the actual overtime work hours are less than the fixed overtime pay
07.
Calculating weekly and monthly wages using hourly wages
· You can change the hourly wage to a daily wage.
· You can change your daily salary to a weekly salary.
· You can change your weekly salary to a monthly salary.
· The calculation method for monthly salary, which includes 8 hours of overtime work on Saturdays and 4 hours of holiday work on Sundays, is as follows.

08.
Calculating hourly wages using inclusive wages?
· Calculation of hours as a basis for determining comprehensive wages
· Find the hourly wage based on the comprehensive wage standard
· Divide into base salary and allowance
Section 9 Overtime Pay (Overtime Pay) (Overtime, Night Work, Holiday Work)
01.
Overtime requirements
02.
Overtime pay
03.
Additional wages
04.
Overtime pay
· Overtime pay for regular workers
· Overtime pay for part-time and short-term workers
[Example] When a contract for 20 hours of regular work per week is signed and 30 hours are worked
[Example] Payment of overtime pay when working on Saturdays after using annual leave
05.
Holiday work allowance
[Case] ​​Payment of holiday work allowance on Labor Day
06.
Night work allowance
[Example] Night shift allowance for short work hours only at night
07.
Overtime work limit including holidays
08.
Exceptions to the application of additional wages
09.
Formula for calculating overtime pay
10.
Calculating Labor Day Allowance
· Calculation of Labor Day allowance
· Exceptional cases
[Example] Calculating overtime pay in minutes and seconds
Section 10 Simple calculation of holiday pay
01.
Basic requirements for holiday pay
[Case] ​​The meaning of attendance and regular working days
02.
Calculation method of holiday pay
03.
Weekly holiday allowance for weekday start and weekday departure
04.
Holiday allowance for various cases
· Calculation of hourly wages (daily wages) for weekend (Sat, Sun) workers (part-time workers, part-time workers)
· Calculation of holiday pay for absence during the week
· Calculation of weekly holiday pay when annual leave is used
· Calculation of weekly holiday pay when taking a full week off
· If you start working on Wednesday and quit on the following Wednesday
· Calculation of weekly holiday pay in case of sick leave
· Weekly holiday allowance for daily workers (daily wage)
Section 11 How to handle cases where allowances are incorrectly calculated
01.
If the allowance is incorrectly calculated and underpaid
02.
If the allowance is incorrectly calculated and paid in excess
Section 12 Problems that arise when transferring salary to another person's account
01.
If you receive it in an account under the name of a family member or another person
02.
Problems with sending salary in someone else's name
03.
If the salary is paid directly in cash
Section 13 Preparation and storage of payroll ledgers
01.
The payroll register must be prepared.
02.
Details of payroll records
[Example] Details of payroll ledger
03.
How to prepare and store a payroll ledger
Section 14 Obligation to issue wage statements
01.
Required Information on Payslips
02.
Items that can be omitted from the payslip
03.
How to Write a Payslip
Section 15 Please calculate the severance pay.
01.
User-attributable reasons
02.
Some businesses are closed and receive leave allowances.
03.
Payment of severance pay
04.
Calculation of severance pay
· Calculation method of severance pay
· Example of calculating reduction in leave allowance
05.
Calculating vacation days and annual leave
[Example] Weekly holiday allowance and holiday allowance in case of partial or full closure of business during a week
[Example] Severance pay in case of early departure from work
06.
Employment maintenance support during business closure
Section 16 When must wages or severance pay be paid (settlement of money and goods)?
01.
Person liable to pay wages
02.
Claimants for wage settlement
03.
Scope of wages subject to liquidation
04.
Deadline for payment of wages
05.
If wages are not paid within the payment deadline
Section 17: 20% annual interest on unpaid wages
01.
Special interest rate for delayed unpaid wages applied to employees
02.
Expanding sanctions for wage arrears
03.
Interest on delayed payment of wages to retirees
04.
Interest on delayed payment of wages to employees
05.
How to calculate delayed interest

Chapter 3 Retirement Allowance and Pension

Section 1: Calculating Average Wages
01.
When the average wage applies
02.
Wages included and excluded from the average wage
· Wages included in average wages
· Wages not included in average wages
03.
Period excluded from calculation of average wage
04.
Minimum average wage
05.
How to calculate average wages
· The date on which the reason for calculation arises
· During the three months prior to retirement
· Total amount of wages paid
· Amount divided by the total number of days in that period
06.
Annual leave allowance included in retirement allowance calculation
[Example] If you pay the four major insurance premiums in advance, your retirement allowance increases.
Section 2 Payment including retirement allowance in salary
[Example] If you want to pay your retirement allowance in monthly installments, use the defined contribution (DC) retirement pension system.
Section 3 Severance pay and retirement pension during childcare leave
01.
Resignation immediately after childcare leave, resignation during childcare leave
02.
After taking maternity leave and childcare leave, I quit my job.
03.
Resignation after 1 month of work after parental leave
04.
Retirement pension during childcare leave
[Example] Effective Date of Resignation When Resignation Letter is Not Accepted
[Case] ​​Retirement date of an employee who was absent without permission
Section 4 Calculation of retirement benefits and interim settlement of retirement benefits
01.
Applicable subjects of retirement allowance
02.
Calculation of retirement benefits
· Continuous employment period
· Average wage
03.
Payment deadline for retirement pay
04.
Interim settlement of retirement pay
· Requirements
[Case] ​​Reasons for interim settlement of severance pay
· Effect of interim settlement
Section 5 Calculation of retirement pay and retirement income tax after interim settlement of retirement pay
01.
Severance pay after interim settlement of severance pay
02.
Retirement income tax after interim settlement of retirement allowance
Section 6: Processing of work when re-entering the same company after retirement for the purpose of interim settlement of retirement allowance
01.
Issues related to severance pay upon re-employment after resignation
02.
Whether or not to receive severance pay and resign after submitting a letter of resignation
03.
Temporary retirement and subsequent re-employment due to the nature of the work, etc.
04.
Severance pay and annual leave allowance
05.
4 major insurance processing
06.
Income tax processing
07.
Problem-free work processing
Section 7 Severance pay and annual leave upon transfer
01.
Legal requirements for a full record
02.
Effect of transfer and calculation of retirement pay and annual leave
· If the transfer is carried out with the consent of the worker
· In case of a record unilaterally implemented by the company
[Case] ​​Processing of retirement benefits upon transfer to affiliated company
Section 8 Annual leave allowance included in calculating retirement pay
01.
Severance pay and DB-type retirement pension system
02. DC-type retirement pension system
Section 9 Severance pay and annual leave allowance when working hours change
01.
When working hours are reduced
02.
If you repeat less than or more than 15 hours
Section 10 Defined Benefit Pension (DB) Contribution Amount
01.
Defined benefit pension subscription period
02.
Calculation and payment of defined benefit pension contributions
· Calculation of defined benefit pension contributions
· Defined benefit pension payment
03.
Payment of salary upon retirement
Section 11: Calculating the Contribution for Defined Contribution Pension (DC)
01.
Payment of defined contribution pension contributions
· Burden level and timing
· Late interest on payment of the deposit itself
02.
Calculation of burden for vacation, leave of absence, and suspension of business
· Maternity leave period
· Childcare leave period
· Period of leave due to personal reasons
· Period of suspension due to reasons attributable to the employee, such as unauthorized absence
· etc
03.
Payment of premiums for vacation, leave of absence, and suspension of business
[Example] Payment of contributions during childcare leave for DC-type retirement pensions
04.
Calculation of burden when paying various allowances
· Unused annual leave allowance
· Severance pay
· Increase in salary level
05.
Defined contribution pension subscription period
06.
Payment of salary upon retirement
Section 12 Introduction of Individual Retirement Pension Plans (IRPs) in Small Businesses
Section 13 Reasons for early withdrawal of retirement pension and taxes
01.
Early withdrawal
02.
Taxes when making withdrawals
03.
Unavoidable mid-term withdrawal
Section 14 IRP Account Transfer for Non-Retirement Pension Subscribers
01.
If you are enrolled in a retirement pension
02.
If you are not enrolled in a retirement pension

Chapter 4 Annual Leave and Annual Leave Allowance

Section 1. Eligibility for annual paid leave and attendance rate
01.
Eligibility for annual paid leave
[Case] ​​Annual leave and annual leave allowance
02.
How to calculate attendance rate
· Attendance rate
· Required number of working days
Section 2: Calculating Annual Leave for New Employees (Less than 1 Year of Service)
01.
Principles for accruing monthly annual leave
02.
Calculation method for annual leave by month
· Applicants hired by May 29, 2017
· For those hired on May 30, 2017 to March 30, 2020
· For accruals from March 31, 2020 (for those hired on March 1)
Section 3 Annual leave (annual leave for one year or more)
01.
Requirements for annual leave
02.
How to calculate annual leave
· Method of calculating annual leave based on the date of employment (principle)
· How to calculate annual leave by fiscal year (exceptions)
03.
Annual leave for employees who work less than 80% of the year
· Calculation of annual leave for employees with less than 80% attendance per year
· Attendance rate of 80% or more after joining the company, but less than 80% in the third year
[Example] Calculation of annual leave when the obligation to provide work is suspended for special reasons (assuming an attendance rate of 80% or higher)
[Example] Number of days of annual paid leave for employees returning to work after parental leave
[Example] Number of days of annual paid leave in case of absence from work due to occupational disease
[Example] Number of days of annual paid leave for part-time workers
[Example] Wages during family care leave, annual paid leave, average wages during service, severance pay, and unemployment benefits
Section 4: Calculating Annual Leave Days by Year
Section 5 Promoting the Use of Annual Leave
01.
Procedures for promoting annual leave use
· Notification of unused annual leave days and request for designation of when to use annual leave (July 10)
· Designation and use of employee annual leave (July 20)
· (If the employee has not designated a specific period) The employer designates the period for using annual leave (July 21 - October 31)
· Employee use of annual leave
02.
Notes on the Annual Leave Use Promotion System
· The meaning of written notice in the annual leave use promotion system
· Should a system promoting the use of annual leave be implemented for all workers?
· Whether unused annual leave compensation is accrued in the case of a person who leaves the company mid-term
03.
Promotion of use of annual leave based on monthly annual leave
· Accrued up to March 30, 2020
· From March 31, 2020
Section 6 Sick leave (illness leave) and annual leave due to personal reasons
Section 7: When replacing summer vacation with annual leave on a set number of days
01.
Is summer vacation a vacation stipulated by law?
02.
How to Replace Summer Vacation with Annual Leave
· Substitution for annual paid leave under the Labor Standards Act
· When replacing summer vacation with annual leave
· When individual summer vacation is replaced with annual leave
Section 8 Calculating the number of annual leave days during childcare leave
Section 9 Can I extend my annual leave?
Section 10 Annual leave calculated to the nearest decimal point
Section 11 Calculation of annual leave days for resigning employees
01.
Number of annual leave days (based on date of employment 〉 based on fiscal year)
02.
Number of annual leave days (based on date of employment < based on fiscal year)
03.
How to apply annual leave retirement settlement
Section 12 Calculation of annual leave allowance
01.
Annual leave allowance paid when annual paid leave is not used
02.
Accrual of annual leave allowance
03.
Calculation of annual leave allowance
· Annual leave allowance for monthly annual leave
· Annual leave allowance for annual leave
04.
Payment period of annual leave allowance
· Monthly annual leave allowance
· Annual leave allowance
05.
Carryover of annual leave
06.
Calculation of allowance when paying annual leave allowance for unused annual leave
· For employed persons
· In case of retirees and in case of cumulative payment
Section 13 Annual paid leave when using reduced working hours for childcare
Section 14 Annual leave when a business with less than 5 employees becomes a business with 5 or more employees
01.
Number of annual leave days for existing employees
02.
Repeating 5 or more and less than 5 people

Chapter 5 Four Major Insurances

Section 1 Daily workers as defined by the four major insurances
Section 2 4 Major Insurances Daily workers who are not required to subscribe to the 4 major insurances
[Case] ​​Determining the eligibility criteria for health insurance
01.
National Pension and Health Insurance
02.
Employment insurance and industrial accident insurance
Section 3: Enrollment in the four major insurance plans for regular workers
Section 4 Deduction of 4 major insurance premiums according to date of employment and date of retirement
Section 5 Assessment and notification dates for the four major insurances
01.
The assessment date for the four major insurances
02.
Notification date for the four major insurances
Section 5 Reporting changes to the four major insurance plans when your salary increases or decreases
01.
Do I have to report a change in salary?
· If your salary is increased
· If the salary is reduced
02.
Changes to the National Pension Standard Monthly Income
[Case] ​​Correction of monthly income when employment contract changes after employment (reinstatement)
03.
Change in health insurance monthly premium
[Case] ​​In case of intentionally underreporting salary upon joining the company, the four major insurances
04.
Employment? Changes in average monthly salary for industrial accident insurance
Section 6 Submission of a report confirming daily worker work details
01.
Calculating monthly insurance premiums for daily workers
02.
Calculation of daily worker insurance premiums: Total wage report
03.
Submission of work details confirmation report
[Case] ​​Things to keep in mind when submitting a work history confirmation report
· You must submit a monthly work history report.
· Exemption from submission of earned income payment statement (National Tax Service)
· Daily workers subject to reporting
· Construction industry and foreign workers
· Penalties related to reporting of work details
· Reporting deadline and method
Section 7: Deduction rates and methods for the four major insurance policies
Section 8 Settlement of the four major insurance policies for retirees
01.
National Pension Retirement Settlement
02.
Health Insurance Retirement Settlement
03.
Employment Insurance Retirement Settlement
Section 9 Year-end Settlement of the Four Major Insurances

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The entire contents of this book are structured as follows.


Chapter 1: Calculating the number of regular workers and their working hours

In order to apply the Labor Standards Act, you must know how to calculate the number of regular workers, as the application of the Labor Standards Act is often determined based on the number of regular workers.
Or, since you need to know how to calculate various standard hours to calculate salary and allowances, we will explain the basic calculation method for the relevant hours.

Chapter 2 Salary and Allowances

The most basic compensation for labor is salary and allowances.
This chapter teaches you how to calculate salary and various allowances, such as overtime pay, using case-by-case examples.

Chapter 3 Retirement Allowance and Pension

The method of calculating retirement pay, calculating the amount of retirement pension payments, and various cases that may arise are described in a practical manner.

Chapter 4 Annual Leave and Annual Leave Allowance

The most difficult tasks for practitioners are calculating annual leave days and calculating annual leave allowance upon retirement.
This is taught in tables and formulas, categorized according to revisions by year.

Chapter 5 Four Major Insurances

We will explain the four major insurance policies when paying salaries, the four major insurance procedures when joining or leaving the company, and how to deduct and settle the four major insurance policies from salaries.