(1) An employer shall guarantee to employees at least one paid holiday per week on the average. <Amended on Mar. 20, 2018>
(2) An employer shall guarantee to employees paid holidays as prescribed by Presidential Decree: Provided, That where he or she makes a written agreement with the representative of employees, such paid holidays may be substituted with particular working days. <Newly Inserted on Mar. 20, 2018>[Enforcement Date] The amended provisions of Article 55 (2) shall enter into force on the following dates:
1. Business or business places with a regular workforce of at least 300 employees, public institutions under Article 4 of the Act on the Management of Public Institutions, local government-invested public corporations or local public agencies under Article 49 or 76 of the Local Public Enterprises Act, institutions or organizations in or to which the State, a local government or a government-invested institution makes an investment of at least 1/2 of their capital or a contribution of at least 1/2 of their endowment, institutions or organizations in or to which the abovementioned institutions or organizations make an investment of at least 1/2 of their capital or a contribution of at least 1/2 of their endowment, and institutions of the State or local governments: January 1, 2020;
2. Business or business places with a regular workforce of not less than five but not more than 300 employees: January 1, 2021.
3. Business or workplaces regularly employing between 5 and less than 30 employees: January 1, 2022.