Business lobbying groups are urging the government to re-deliberate next year's minimum wage, saying it is too high.
A higher minimum wage will hurt small shops and business already struggling, forcing many to fire workers or just fold completely.
Representatives from business, labor unions and the government attend a meeting to discuss next year's minimum wage at the government complex in Sejong on Tuesday.
On Wednesday the business representative proposed cutting the minimum wage for next year 2.1 percent to 8,410 won ($7) per hour. The labor counterpart suggested a 16.4 percent increase to 10,000 won.