Next year's minimum wage is expected to be finalized on the 14th. The labor sector is arguing for 10,120 won per hour, while the business sector is proposing 9,530 won, with negotiations proceeding at a difference of 690 won. It is anticipated that public interest committee members will present a 'deliberation acceleration zone' to narrow this gap. If labor and management fail to reach an agreement within this zone, it is highly likely that the minimum wage will be decided by vote. The final settlement is expected to be reached at today's meeting, with the effect taking place from January 1st of next year.
