Woori Bank Fined 18 Million Won for Violating Paternity Leave Regulations
Kim Minyoung
kimmy@alphabiz.co.kr | 2024-08-20 10:42:01
Photo = Woori Bank
[Alpha Biz= Reporter Kim Minyoung] Woori Bank has been fined by the labor authorities for violating paternity leave regulations.
According to financial sector sources on the 19th, Woori Bank received a fine of 22.5 million won from the Seoul Regional Employment and Labor Office in May for 'not providing the full 10 days of paternity leave.'
Under the current Gender Equality Employment Act, employers are required to grant 10 days of paid leave when an employee requests paternity leave due to their spouse's childbirth.
Woori Bank explained that the fine was imposed because, despite enforcing the 10-day paternity leave policy internally, there were cases where employees did not take the full leave due to personal reasons.
The system allows for paternity leave to be used in one split within 90 days, but some employees who used part of their leave did not use the remaining days. The bank acknowledged this issue and paid a reduced fine of 18 million won, reflecting a 20% reduction.
Woori Bank plans to manage employees who have not fully utilized their leave on an individual basis to prevent such incidents from occurring in the future.
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