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Supreme Court rules Hanwha Ocean bonus not wages, retirees lose in South Korea

people_culture UTC: 2026-03-12 22:00:55

Retirees of Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) sued, saying the management performance bonus they received while employed should be reflected in their severance pay, but they ultimately lost. The Supreme Court found that Hanwha Ocean’s management ...

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