🇰🇷 Asia

South Korea

Salary, tax, minimum wage and employer cost data.

CurrencyKRW (₩)
VAT10%
Fiscal yearJan-Dec
Pay cycleMonthly
Employee rate9.0%
Employer rate11.0%

Minimum wage in South Korea

Monthly gross₩ 2,096,270
Monthly net (est.)₩ 1,835,000
Hourly gross₩ 10,030.00
Annual gross₩ 25,155,240
Annual net (est.)₩ 22,020,000

Average salary

Gross annual₩ 46,560,000
Net monthly₩ 3,180,000

Tax brackets

6% up to 14M
15% 14M-50M
24% 50M-88M
35% 88M-150M
38-45% above

Calculate salary in South Korea

Salaries by profession in South Korea

Software Engineer₩ 74,496,000/yr grossData Scientist₩ 79,152,000/yr grossProduct Manager₩ 69,840,000/yr grossUX Designer₩ 60,528,000/yr grossWeb Developer₩ 60,528,000/yr grossCybersecurity Analyst₩ 74,496,000/yr grossDoctor₩ 102,432,000/yr grossNurse₩ 39,576,000/yr grossDentist₩ 93,120,000/yr grossPharmacist₩ 65,184,000/yr grossTeacher₩ 34,920,000/yr grossUniversity Professor₩ 65,184,000/yr grossAccountant₩ 51,216,000/yr grossFinancial Analyst₩ 65,184,000/yr grossLawyer₩ 83,808,000/yr grossCivil Engineer₩ 60,528,000/yr grossMechanical Engineer₩ 60,528,000/yr grossArchitect₩ 55,872,000/yr grossMarketing Manager₩ 60,528,000/yr grossSales Manager₩ 65,184,000/yr grossHR Manager₩ 55,872,000/yr grossProject Manager₩ 60,528,000/yr grossGraphic Designer₩ 41,904,000/yr grossJournalist₩ 39,576,000/yr grossChef₩ 32,592,000/yr gross

Cities in South Korea

SeoulRent ~$1,050/mo82/100 Good

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