Bank branch hours to be cut by 30 minutes next April
Korea's bank branches will open 30 minutes later starting in April next year, reducing customer service hours under a tentative labor-management agreement reached Monday. Under the agreement, branches will open at 9:30 a.m., instead of the current 9 a.m., while closing hours will remain unchanged at 4 p.m. The tentative deal between the Korean Financial Industry Union, which represents workers at…
Korea's bank branches are set to reduce their operating hours by 30 minutes starting next April, according to a tentative labor-management agreement reached between the Korean Financial Industry Union and the Korea Financial Industry Employers Association. The new operating hours will start at 9:30 a.m. instead of the current 9 a.m., while closing times will remain at 4 p.m. The agreement also includes a 3 percent increase in total wages and a flexible work schedule, allowing employees to delay their start time by up to one hour per week. The deal was reached after five months of negotiations and avert a planned strike.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Bank branch hours to be cut by 30 minutes next April koreatimes.co.kr
