As part of its 2025 Budget, South Korea is set to enhance maternal protection and childcare support. Key updates include: • Raising the upper limit of childcare leave pay to KRW2.5 million for the first 3 months, KRW2 million for months 4-6, and KRW1.6 million thereafter. • Expanding spousal childbirth leave pay from 5 to 20 days. • Immediate monthly payment of 25% of salary for parental leave • Abolish the post-payment system that was given to employees who worked for more than 6 months. Have some questions about payroll management? Links' payroll outsourcing services can help you navigate through it while staying compliant: https://hubs.ly/Q02Nl72K0 #linksinternational #SouthKorea #ChildcareLeave #HR
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Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler. https://bit.ly/3A1emeo
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Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler.
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Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler.
Crisis in childcare and the state of work in America
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Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler.
Crisis in childcare and the state of work in America
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Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler.
Crisis in childcare and the state of work in America
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Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler.
Crisis in childcare and the state of work in America
-
Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler.
Crisis in childcare and the state of work in America
-
Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler.
Crisis in childcare and the state of work in America
-
Childcare and the US labor force: 1️⃣ Childcare issues forced 123,000 full-time workers to miss work in March 2024. 2️⃣ #Workforce participation rates for women with kids under 6 is 69%; for men it’s 95%. 3️⃣ In 2023, only 13% of full-time and 6% of part-time private industry workers got childcare benefits from employers. Read the full analysis from #KPMG Senior Economist Matthew Nestler.
Crisis in childcare and the state of work in America
