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By next year, Kim will have put every employee on a pay-and-promotion system that is performance-based, trashing the traditional seniority-based system that Korea inherited from the colonizing Japanese.
FORBES: Korea's King Of Options
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This is not how a seniority-based system works.
FORBES: Ezra Klein on Reforming Teacher Unions
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This will make it even more necessary to scrap the seniority-based pay system, because keeping older workers on will be prohibitively expensive.
ECONOMIST: Insiders and outsiders
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Because of a seniority-based pay system, this puts a huge strain on business costs, leaving less money to provide young people with training and good jobs.
ECONOMIST: Into the unknown
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In an interview with Stateline, a news service that looks at trends in state policy, a vice-president of Remy, Jay Pittas, argued that RTW legislation makes it easier to negotiate flexible work rules, and means that unions are more likely to agree to a merit-based system of employment rather than a one based on seniority.
ECONOMIST: Indiana becomes the 23rd ��right-to-work�� state