The Ministry of Employment and Labor announced on July 8 that it will hold a forum on July 14 to address the issue of excess profit distribution that has arisen following conflicts over performance bonuses between Samsung Electronics and its labor union.
According to the ministry, the forum, titled "A New Path for Social Innovation in Line with AI Technological Innovation," will begin at 2 p.m. on July 14.
Discussions will focus on corporate innovation investments for a sustainable future in the era of AI industrial transformation. Various topics are expected to be raised, including cooperation between primary and secondary contractors, job creation for future generations, talent development, and the expansion of social safety nets.
The forum will be chaired by Kang Sung-jin, president of the Korean Economic Association and a professor at Korea University. Presentations will be made by lawmakers such as Cha Chi-ho of the Democratic Party, as well as professors Jeong Heung-jun from Seoul National University of Science and Technology and Yoon Dong-yeol from Konkuk University.
Following the presentations, discussions will take place among labor representatives, business leaders, and relevant experts.
Earlier, Minister of Employment and Labor Kim Young-hoon expressed a desire to explore a "Korean-style social solidarity wage" after mediating a tentative wage agreement between Samsung Electronics and its labor union in May. He stated, "I want to open a discussion on how to socially redistribute excess profits from large corporations, emphasizing that the only solution is social dialogue, and the government will actively support this through research and surveys."
* This article has been translated by AI.
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