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  • Convenience Store Owners To Cope With Wage Hike Pressure
An association of franchised convenience store owners has threatened to come up with countermeasures against next year's minimum wage hike.

The group said in an interview with local media that the minimum wage for next year has been set to 8,350 won per hour, but in practice it would be well over 10,000, given that employers have to give extra pay on holidays and insurance fee.

At a meeting slated for Monday, it said it would devise plans to offset losses from increased labor costs, including a late-night surcharge and rejecting credit card payment for certain products that have high credit card fees.

They said a no work-day for all stores every month may also be added to the plan.■



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