What types of Employment Agreements does Horizons offer in South Korea?

Horizons provides a range of employment agreements tailored to meet various needs and circumstances in South Korea.

Standard Offering

Duration: Unlimited or permanent employment agreements are the standard offer at Horizons, providing stability and long-term employment without a fixed end date.
Applicability: These agreements are available for both full-time and part-time positions.

Features for Part-Time Employees

Remuneration: For part-time employees, remuneration is calculated proportionately based on the number of hours worked. This is in accordance with the minimum wage requirements.
Social Security Contributions: Contributions to social security are based on the actual remuneration received.

Less Common but Still Offered

Reasons for Offering:
- Project Completion: Fixed-term agreements may be used to complete specific projects within a strict and justifiable timeframe.
- Employee Replacement: These agreements can be used to replace employees temporarily, such as during maternity leave.
- Trainees: Fixed-term contracts are offered to trainees who require such arrangements to complete their school or vocational training.
- Senior Employees: For employees nearing retirement age, as per the Employment Promotion for the Aged Act, fixed-term agreements may be appropriate.

Duration and Renewal

Maximum Duration: Fixed-term agreements can last up to 2 years, including any renewals. Extensions beyond this period are permissible only with a clear and justifiable reason, and must comply with legal requirements.
Automatic Indefinite Status: If the employment continues beyond the 2-year limit, it is automatically considered indefinite, thereby transitioning to a permanent agreement.

Features for Part-Time Employees

Remuneration: Similar to permanent part-time roles, remuneration for fixed-term part-time employees is proportionate to the number of hours worked, adhering to the minimum wage standards.
Social Security Contributions: Contributions are based on the actual remuneration received.

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