Items included in severance pay calculation and average wage calculation method

Do you want to know how many million won in severance pay an employee with a monthly salary of 3 million won and 3 years of service would receive? Many people simply multiply the salary by the years of service, but in reality, a much more complex calculation is hidden beneath the surface. Severance pay is a statutory benefit that must be paid, but without knowing the exact calculation method, it is difficult to determine if the amount offered by the company is correct. In this article, we will guide you step-by-step through everything from how to calculate average wages to the items included, so that anyone can follow along… Read more

Precise Formula and Payment Conditions for Calculating Weekly Holiday Allowance

Weekly holiday allowance refers to receiving wages even on days when you do not work. Many people are unaware of exactly when and how this is calculated. This can be particularly confusing for part-time workers or daily laborers who work fewer than five days a week. Fortunately, understanding just a few conditions and the calculation formula is sufficient for the weekly holiday allowance. With a recent Supreme Court ruling addressing this issue and the minimum hourly wage set for 2026, it is advisable to clarify this matter accurately. The weekly holiday allowance is [amount] received even when not working… Read more

Battery-related stocks: ESS growth is hope despite EV weakness.

My heart sinks whenever news breaks that the EV battery market is undergoing a correction. If you have been keeping a close eye on battery-related stocks, you can't help but feel anxious that you might be missing out on this opportunity. However, if you take a step back, the battery industry is actually moving in a different direction. While the EV market is slowing down, the massive demand source known as ESS is growing rapidly. And companies that seize this opportunity are actually becoming stronger. EV … Read more

Supply and Demand Factors and Outlook for Samsung Electronics and SK Hynix Stock Weakness

SK Hynix has surged more than 3,401 TP3T so far this year. Samsung Electronics is also seeing strong performance in its semiconductor division. However, as of the end of July, the stock prices of both companies have turned bearish, and anxiety is growing among investors. It is difficult to determine whether this phenomenon—where earnings improve but stock prices fall—is a warning sign or merely a temporary correction. The problem lies in the fact that the factors determining the direction of semiconductor stock prices are not simple. Demand for AI infrastructure, … Read more

Summary of the benchmark interest rate decision at the July FOMC meeting

With July drawing to a close, financial markets are on high alert ahead of the U.S. Federal Reserve's interest rate decision. This FOMC meeting is significant because the benchmark interest rate has a cascading effect on individual lending rates, savings yields, and even exchange rates. In particular, unlike previous FOMC meetings, a single remark from the statement and the Chair's press conference could determine the market's reaction to this meeting. With the announcement scheduled for 3 a.m. today, given the current situation and what lies ahead… Read more

Shortages and leaks to check before air conditioner refrigerant charging

Many people immediately think of recharging the refrigerant when they feel their air conditioner isn't as cool as it used to be. Alternatively, they may believe that, like regular car maintenance, air conditioners are consumables that require periodic refills. However, refrigerant in a normal air conditioner does not function that way. Since it circulates only within sealed pipes, it does not naturally decrease; if a refrigerant shortage is detected, it is a sign of a leak. You must accurately diagnose the issue before blindly recharging to avoid greater costs and problems later on. … Read more

How to Easily Grow a K-Bank Money Tree and Tips for Earning Profit

With the sweltering heat in full swing these days, app-based money-making activities that can be done while lying down with the air conditioner on are becoming a hot topic. It is K-Bank’s "Growing a Money Tree," and while it appears to simply involve tending to a virtual plant, many people are interested because it is structured to provide actual cash. Busy office workers and students, in particular, are using spare time of just 1 to 3 minutes a day to earn about 15,000 won in monthly allowance, so you are likely curious about exactly how it works and whether the money actually comes in. ... Read more

Please check the parent occupancy requirements before applying for the multi-child highway discount.

If you are a multi-child family that frequently uses the expressway, have you heard about the discount benefits available for application this year? Toll discounts for families with three or more children began last July, and the application period for families with two children is scheduled to open soon. However, there is one condition you should definitely know before applying: the parent must be present in the vehicle. You cannot receive the discount if only the child is in the car. In this article, regarding this condition… Read more

Construction Stock Outlook: Analysis of Whether a Rebound Will Be Driven by Interest Rate Cuts and Overseas Order Momentum

With the recent unusually long and sweltering summer weather, it is a season where both body and mind can easily become exhausted. There has been a noticeable increase in the number of people calmly reviewing their investment strategies for the second half of the year while enjoying the breeze from the air conditioner. In particular, market attention is focusing on domestic construction companies as their stock prices, which had been weak for a long time, have recently shown signs of a rebound. In this article, amidst the two major positive factors of expectations for interest rate cuts and overseas orders, will construction stocks truly be structurally… Read more

Summary of Hope Return Package Eligibility and How to Apply for Demolition Support Funds

Amidst these difficult economic times, there are many small business owners around us who are contemplating closing their businesses or have already done so. For those losing sleep worrying about the financial burden of the liquidation process and their future paths after closure, I have compiled a list of useful government support programs. In this article, I will cover in detail the key eligibility criteria for the government-supported Hope Return Package, along with the application requirements for store demolition costs, which are the most frequently inquired about benefit. In the daunting process of rebuilding, practical… Read more