The recent economic and cultural exchange in the international society is more than just moving goods and services. It also raises attention to one nation's labor environments and the level of labor standards. To identify the level of labor standards in Korea, this paper compared and analyzed the fundamental conventions of ILO (International Labour Organization) and labor laws in Korea. By confirming other nations' labor standards, this desired to judge the relative level of labor standards in Korea. Individual labor laws in Korea were not inadequate to the level of fundamental conventions of ILO. Collective labor laws in Korea had inadequate parts, come from social and cultural characteristics of Korea. These inadequate parts of labor laws are construed as reflecting domestic circumstances rather than being undemocratic or backward. It is obvious that labor standards have to be based on human resources, social and cultural backgrounds, and the labor market situation in Korea.