Remote People provides a range of employment agreements tailored to meet various needs and circumstances in South Korea.
Unlimited (Permanent) Employment Agreement
Standard Offering
Duration: Unlimited or permanent employment agreements are the standard offer at Remote People, providing stability and long-term employment without a fixed end date.
Applicability: These agreements are available for both full-time and part-time positions.
Features for Part-Time Employees
Remuneration: For part-time employees, remuneration is calculated proportionately based on the number of hours worked. This is in accordance with the minimum wage requirements.
Social Security Contributions: Contributions to social security are based on the actual remuneration received.
Fixed-Term Employment Agreement
Less Common but Still Offered
Reasons for Offering:
Project Completion: Fixed-term agreements may be used to complete specific projects within a strict and justifiable timeframe.
Employee Replacement: These agreements can be used to replace employees temporarily, such as during maternity leave.
Trainees: Fixed-term contracts are offered to trainees who require such arrangements to complete their school or vocational training.
Senior Employees: For employees nearing retirement age, as per the Employment Promotion for the Aged Act, fixed-term agreements may be appropriate.
Duration and Renewal
Maximum Duration: Fixed-term agreements can last up to 2 years, including any renewals. Extensions beyond this period are permissible only with a clear and justifiable reason, and must comply with legal requirements.
Automatic Indefinite Status: If the employment continues beyond the 2-year limit, it is automatically considered indefinite, thereby transitioning to a permanent agreement.
Features for Part-Time Employees
Remuneration: Similar to permanent part-time roles, remuneration for fixed-term part-time employees is proportionate to the number of hours worked, adhering to the minimum wage standards.
Social Security Contributions: Contributions are based on the actual remuneration received.