Employee Hiring Strategies in South Korea and the Benefits of EOR
To succeed in recruiting in South Korea, it's vital to grasp the intricate employment laws governing local and foreign workers. This is especially crucial for companies aiming to establish a strong presence locally and a robust human resources department. With the complexity of these laws, taking a strategic approach is essential. Utilizing a locally knowledgeable Employer of Record (EOR) service can be highly advantageous for navigating and complying with regulations. In this guide, we'll cover key aspects of hiring in South Korea, including employment contracts, probationary periods, and legal compliance. We'll also delve into important insurance programs like Employment Insurance, Accident Insurance, National Pension, and Health Insurance, outlining their implications for both employers and employees.