South Korea Explores 4.5-Day Workweek to Boost Productivity

South Korea has initiated discussions on implementing a 4.5-day workweek, marking a significant shift in the country's labor policies. A government-led consultative body, comprising representatives from the government and labor unions, has begun exploring the feasibility of reducing working hours. The Employment Labor Ministry has established a dedicated task force to research and propose potential frameworks for this new workweek structure. The task force includes government officials, labor union representatives, the Korea Federation of Small and Medium Business, and the Korea Employers Federation. The discussions are expected to continue for three months, after which a roadmap will be published.

The government plans to introduce legislation that will provide financial support to companies adopting the shorter workweek. This move is part of a broader effort to enhance work-life balance and productivity. The initiative aims to create a more efficient and productive workforce while improving the quality of life for workers. The government anticipates that if the 4.5-day workweek gains traction as planned, it may consider amending the labor law to officially reduce the standard workweek by 2028.

This development reflects a growing global trend towards shorter workweeks, with many countries and regions exploring similar policies to improve worker well-being and productivity. The discussions in South Korea are part of a broader effort to modernize the country's labor policies and align them with international standards. The government's commitment to this reform underscores its dedication to fostering a more balanced and productive workforce.