Korea's economic development has been impressive
SMEs employ the majority of Korea's workforce, especially in the services sector, but their productivity is low
Key labour market indicators have developed favourably in Korea although inactivity remains high
Self‑employment is declining gradually in Korea but still remains concentred among older workers
Pay is significantly higher for regular workers and workers in large firms
Wages in Korea's smaller companies have fallen far behind the rest
Low‑paid work is more frequent in Korea than in most OECD countries and earnings inequality is higher
Large firms in Korea account for a lower share of salaried workers than in other OECD countries
Employment by large firms rapidly declined in Korea during the 1990s
Survival rate in Korea drops sharply one or two years after start‑up
Average job tenure in Korea is very short, especially in smaller firms
Differences in trade union density by firm size are very large in Korea and overall union density is relatively low
Unlike many other OECD countries, Korea's female employment rate according to age shows a pronounced M‑shaped curve
Contrary to other OECD countries, Korea's gender employment gap increases with the level of education
Korea's youth employment is well below the OECD average and a large share of youth is inactive
Work of older workers in Korea is often temporary
Korea's seniority-based wage is strong, especially for male employees
Non‑regular workers account for about one‑third of all salaried workers in Korea and they earn much less than regular salaried workers
There are very clear differences between regular and non‑regular workers within Korea's labour market