Tuesday, February 21, 2017

Industrial Bank, ordinary wages abandoned the appeal proceedings



[South Korea's Choice Financial newspaper reporter] KDB KDB decided not to appeal after losing the first trial in the ordinary wage lawsuit filed in the scanning side unions.

According to 21 days the financial sector, banking industry has recently targeted the 2,600 employees who participated in the lawsuit were ordinary wages retroactively pay the unpaid amount yeogan two years from 2014. Full payment amount is said to be in excess of about 240 million.

The past 25 days ahead of the Seoul Central District Court has ruled in favor of all plaintiffs bar down the wage lawsuit filed against him, including the destination side KDB unions periodic bonuses and allowances on ordinary wages.

Ordinary wages is the basis for determining overtime and holiday allowance, including extended benefits. The majority of banks do not include bonuses such as giving separately from the normal wage salary.

Normal wage decision is a basic power hapuiche December 2013 ruling of the Supreme Court. In order to be recognized as ordinary wages that would meet the three requirements such as periodicity, evenness and high stability. In particular gotta determined in advance without securing the same performance conditions Castle special means that should be paid equally to all employees.

The Court 'fixed' is this normal wage lawsuits, including bonuses and allowances of the industry in the Bank has determined that there is.

Four-side banking industry is known to determine the wages paid to avoid unnecessary disagreements while contemplating whether to appeal. National bank, the Export-Import Bank also bars the additional wages paid after completion of the prevailing plaintiff in a lawsuit figured destination side from the normal wage in the destination side in March last year, more than 900 employees.

Industrial Bank official said, "This one was for wages paid to employees participating in the drive to complete proceedings normal wage."

It is difficult to predict the outcome in lawsuits generally pay banks the difference in wage calculation jump off policy by the company.

In May last year, ahead of corporate banking employees 12 000 people usually pay first trial lawsuit filed against the destination side has won the originals. Under the corporate banking side of Appeals 2 trial currently in progress.

Last year, while Woori Bank and Kookmin Bank KB normal wage one court in the lawsuit core bar who raise their hands in the destination side.

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