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Human Resource Costs download

  • Korea Minimum Hourly Wage
    Korea Minimum Hourly Wage
      2009 2010 2011 2012 2013 2014
    Minimum Wage (KRW) 4,000 4,110 4,320 4,580 4,860 5,210
    Rate of Increase (%) 6.1 2.75 5.1 6.0 6.1 7.2
    No. of Workers (,000s) 15,882 16,103 16,479 17,048 17,510 17,734

    Source: Korea Ministry of Employment and Labor

  • Survey on Monthly Wages
    Survey on Monthly Wages
      2009 2010 2011 2012 2013
    Nominal Wage
    (,000s)
    2,636
    (2.6)

     

    2,816
    (6.8)
    2,844
    (1.0)
    2,995
    (5.3)
    3,111
    (3.9)
    Real Wage
    (,000s)
    2,714
    (-0.1)
    2,816
    (3.8)
    2,734
    (-2.9)
    2,818
    (3.1)
    2,889
    (2.5)
    Consumer Price Index
    (2010 is base year)
    97.129
    (2.8)
    100.0
    (3.0)
    104.0
    (4.0)
    106.3
    (2.2)
    107.7
    (1.3)

    Source: Korea Ministry of Employment and Labor

  • Regional Monthly Wages (sorted by total wages)
    Regional Monthly Wages (sorted by total wages)
    Region Days
    Worked
    (Days)
    Hours
    Worked
    (Hours)
    Regular
    Hours Worked
    (Hours)
    Overtime
    Hours
    Worked
    (Hours)
    Total
    Wages
    (Won)
    Regular
    Wages
    (Won)
    Overtime
    Wages
    (Won)
    Special
    Wages
    (Won)
    Jeju 23.3 186.5 179.6 6.9 2,244,777 2,145,582 99,195 211,534
    Daegu 22.8 191.2 178.2 13 2,352,273 2,181,930 170,343 250,804
    Jeonbuk 22.2 188.3 173.6 14.7 2,462,123 2,240,111 222,012 495,246
    Gangwon 22.4 188.2 175.7 12.5 2,483,529 2,293,387 190,142 333,040
    Gwangju 22.4 186.5 174.1 12.4 2,493,312 2,283,583 209,729 353,966
    Chungbuk 22.5 196.4 174.7 21.7 2,535,148 2,237,107 298,041 373,040
    Busan 22.3 187.4 178.4 9 2,558,970 2,410,270 148,700 303,124
    Incheon 22.6 193.8 178.3 15.5 2,637,047 2,419,572 217,475 330,762
    Gyeongnam 22.7 196.9 174.7 22.2 2,678,468 2,388,976 289,491 400,557
    Gyeongbuk 22.6 193.1 173 20.2 2,703,967 2,393,564 310,403 439,815
    Jeonnam 22.5 188.7 175.8 12.9 2,780,187 2,513,059 267,127 558,439
    Gyeonggi 22.3 188.9 175.6 13.2 2,784,899 2,579,664 205,235 330,342
    Daejeon 22.1 185.4 175.4 9.9 2,805,150 2,640,638 164,513 353,902
    All 22.3 187.9 175 12.9 2,838,343 2,639,328 199,015 392,375
    Chungnam 22.4 193.4 172.1 21.3 2,841,711 2,512,094 329,617 492,881
    Ulsan 22.7 193.5 170.1 23.4 2,952,210 2,480,088 472,122 1,204,182
    Seoul 21.9 178.9 174.6 4.4 3,199,814 3,114,382 85,432 472,861

    Source: Korea Ministry of Employment and Labor, 2015
    Based on a survey of 3,525 workplaces with 10 regular employees or more

  • Wages in Daegu Gyeongbuk by Industry
    Wages in Daegu Gyeongbuk by Industry
    Region INDUSTRY 2014
    Days
    Worked
    (Days)
    Hours
    Worked
    (Hours)
    Regular
    Hours
    (Hours)
    Overtime
    Hours
    (Hours)
    Total
    Wages
    (Won)
    Regular
    Wages
    (Won)
    Overtime
    Wages
    (Won)
    Special
    Wages
    (Won)
    Daegu Total 22.8 191.2 178.2 13 2,352,273 2,181,930 170,343 250,804
    Mining and quarrying 21.1 168.3 165.2 3.1 2,868,682 2,774,239 94,443 592,415
    Manufacturing 23.3 203.4 179.6 23.8 2,268,330 1,966,560 301,770 269,289
    >Electricity, gas, steam and water supply 21.6 178.4 172.2 6.2 3,537,834 3,387,811 150,022 444,776
    Sewerage, waste management, materials recovery and remediation activities 22.6 189.4 180.6 8.8 2,917,182 2,626,585 290,597 156,837
    Construction 23 182.6 180.2 2.3 2,147,059 2,117,724 29,335 136,802
    Wholesale and retail trade 23.4 199.3 186.6 12.7 2,368,914 2,239,250 129,665 111,949
    Transportation 22.6 175.3 162.7 12.5 2,397,137 2,172,745 224,392 217,800
    Accommodation and food service activities 23.8 192.6 188.8 3.8 1,498,311 1,453,577 44,734 0
    Information and communications 21.9 175 171.8 3.2 2,905,553 2,868,609 36,945 601,197
    Financial and insurance activities 21.5 174.8 171.7 3.1 3,291,903 3,240,701 51,203 891,380
    Real estate activities and renting and leasing 21.3 212.7 211.7 1 1,736,249 1,708,889 27,360 22,216
    Professional, scientific and technical activities 22.8 184.9 179.8 5.1 2,590,746 2,490,979 99,767 119,549
    Business facilities management and business support services 22.3 180.8 171 9.7 1,859,601 1,757,911 101,691 369,865
    Education 22 189.5 178.9 10.6 2,846,341 2,701,428 144,913 255,595
    Human health and social work activities 22.2 174.9 169 5.8 2,414,519 2,317,958 96,562 157,360
    Arts, sports and recreation related services 23.7 190.8 183.9 6.9 1,887,073 1,833,749 53,325 2,791
    Membership organizations, repair and other personal services 24.4 189.9 183.9 6 1,902,264 1,814,315 87,950 90,840
    Gyeong-buk Total 22.6 193.1 173 20.2 2,703,967 2,393,564 310,403 439,815
    Mining and quarrying 24.6 202.5 189.9 12.6 2,479,436 2,296,561 182,875 152,354
    Manufacturing 22.8 201.6 170.8 30.8 2,785,894 2,313,178 472,716 610,604
    Electricity, gas, steam and water supply 20.6 180.4 164.9 15.5 4,666,705 4,229,049 437,656 8,353
    Sewerage, waste management, materials recovery and remediation activities 23.7 188.5 178.1 10.4 2,360,972 2,194,392 166,580 82,390
    Construction 22.8 184.4 181.7 2.7 2,134,220 2,101,833 32,387 170,785
    Wholesale and retail trade 23.5 176.1 171.1 5 2,434,672 2,365,616 69,056 184,971
    Transportation 21.9 191.9 172.5 19.3 2,774,175 2,471,313 302,861 641,233
    Accommodation and food service activities 25.7 208.8 191.8 17 1,846,049 1,614,090 231,959 309,268
    Information and communications 21.6 183.7 170.9 12.8 3,267,696 3,100,539 167,157 161,893
    Financial and insurance activities 21 168.7 166.7 2 3,134,140 3,080,197 53,943 1,287,634
    Real estate activities and renting and leasing 19.5 212.2 211.5 0.7 1,723,176 1,701,300 21,876 14,084
    Professional, scientific and technical activities 21.4 175.1 167.8 7.3 3,286,377 3,164,112 122,265 632,314
    Business facilities management and business support services 22.3 190.1 179.2 10.8 1,666,917 1,541,101 125,815 135,291
    Education 21.8 177.5 168.3 9.2 3,367,185 3,251,675 115,510 46,339
    Human health and social work activities 22.1 181 174 7 2,434,476 2,305,695 128,781 12,832
    Arts, sports and recreation related services 22.3 182.9 173.6 9.3 2,345,793 2,207,731 138,062 25,241
    Membership organizations, repair and other personal services 23.6 191.7 187.3 4.3 1,927,285 1,853,074 74,211 89,947

    Source: Korea Ministry of Employment and Labor, 2015
    Based on a survey of 3,525 workplaces with 10 regular employees or more

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