Ministry of Employment and Labor “Accounting management is an obligation imposed on unions by law” – Here is the fact | news

The Ministry of Employment and Labor said, “Accounting management is an obligation imposed on labor unions by law, and the government must of course confirm this for transparent subsidy operation.”

[기사 내용]

ㅇ The data recently requested by the Ministry of Labor are different from the union dues account book and data on the use of government subsidies submitted by union members.

ㅇ By the way, the government’s annual support to 5 of the 6 so-called employers’ organizations, including the Korea Employers Federation, excluding the Federation of Korean Industries, amounts to 68 billion won. Of course, the government has never asked for details on the income and expenditure of membership fees of these organizations as it does to the unions.

[고용부 설명]

□ Government subsidy funded by taxpayer money must be carried out by an organization with transparent accounting so that it can be managed responsibly and financial waste can be prevented while achieving the project goal.

ㅇ Accounting management is a duty imposed on labor unions by law, and is a basic requirement for business entities to operate transparently in government projects.

ㅇ It is the responsibility and authority of the government to decide whether to grant support by confirming that the business entity complies with the accounting-related statutory obligations and meets the requirements.

□ In addition, the Korea Employers Federation sets aside the settlement of government-subsidized projects such as labor-management relations non-profit corporation support projects.

ㅇ Within two months following the end of each business year, the business plan for the next business year and the corresponding business year, income/expenditure budget/settlement statement, property list, etc. must be reported.

ㅇ On January 11, 2022 results and 2023 plans were requested to be submitted by the end of February.

□ On the other hand, the Korea Chamber of Commerce, Industry Federation, and Federation of Korean Industries also hold regular general meetings every year, decide on accounts and business plans, disclose them to all member companies, and disclose accounting-related documents such as account statements on their websites.

Inquiries: Ministry of Employment and Labor Labor-Management Cooperation Policy Division Labor-Management Cooperation Policy Division (044-202-7599)

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