This paper provides evidence on the incidence, scope and nature of employee participation in Korea. The key findings include: (i) the incidence of works councils (WCs) is higher than in most other countries; (ii) not all WCs are functioning well with a little less than 70% of Korean firms having...

Compensation systems have been shifting away rapidly from a fixed-wage contractual payment basis in many nations around the world ( Ben-Ner & Jones, 1995 ). Particularly prominent is the explosion in the use and interest in employee financial participation schemes, such as profit sharing,...

Contents: Foreword -- Introduction -- 1. Accumulating human capital for sustainable development -- 2. Education bubble and widening inequality -- 3. Making education diversification reform happen -- 4. Turning around failing vocational high schools -- 5. Deteriorating skills and weak life-long...

Understanding the factors that affect how one transitions from school to the labor market and finally to retirement isimportant both to the individual and to the policy maker. This volume containsseven original and innovative articles that analyze aspects of such labormarket transitions....