National Human Rights Commission of the Republic of Korea coming years depending on budget availability. B. Recommendation on Institutional Improvement for the Protection of Human Rights of Laid-Off People Layoff is the termination of employment for business reasons, and is different from job dismissal which is ascribable to the failure of responsibility of an employee. Layoff is a threat to not only the laid-off but also the living of their families. The NHRCK issued recommendations for the protection of human rights of the laid-off. In detail, the Commission recommended, on January 17, 2013, the Speaker of the National Assembly and the Minister of Employment and Labor to reinforce the layoff requirements in the Labor Standards Act, to strengthen the protection of the right of labor and the stability of employment, and to fortifying the social safety nets. In more detail, the recommendations for the Speaker of the National Assembly and the Ministry of Employment and Labor were: i) specifying the definition of "urgent business reasons" as stipulated in Article 24, Paragraph 1 of the Labor Standards Act in order to make the layoff requirements stricter; ii) legislation of some examples of "employer's efforts to avoid layoff" as stipulated in Paragraph 2 of the same Article, such as shortening of working hours, rotational suspension of work, change of assignments, among others. In addition, what was recommended to the Minister of Employment and Labor included: i) presentation of guidelines detailing the positions of both employer and employees with regard to the selection criteria for Chapter 1. Improvement of Laws and Regulations, Institution, Policies, and Practices ▪▪▪ 33

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