Foreign Worker Departure Guarantee Insurance: Mandatory Employer Enrollment, Incheon Airport Payouts & Unpaid Severance Protection
For hundreds of thousands of foreign nationals working in South Korea under the Employment Permit System (EPS), completing a multi-year manufacturing, agricultural, or construction contract and returning home is a life-changing milestone. Under South Korean labor regulations, foreign workers are legally entitled to statutory retirement severance pay (퇴직금). However, because historical compliance challenges previously led … Read more