Explanation:

These insurances provide comprehensive coverage for employees, including retirement benefits, medical care, unemployment benefits, and workplace injury compensation.

Practical Example of the Four Major Insurances:

A factory worker in Busan is enrolled in these insurances by his employer, ensuring he has a safety net in case of health issues, unemployment, or workplace accidents.

Ready to become a true global employer? Talk to our team about global payroll services today.

run-payroll