disparity Archives | Be Korea-savvy

K-Drama Pay Disparity: Lead Actors Earn Up to 2,000 Times More than Extras

SEOUL, Oct. 25 (Korea Bizwire) – An analysis of actor salaries for dramas produced by Korean broadcasting companies has revealed a substantial gap, with lead actors earning up to 2,000 times more than extras. In light of this situation, there is a growing chorus of voices advocating for improved treatment and compensation for supporting actors. According [...]

Economic Stagnation Widens Gap among Retailers

SEOUL, April 9 (Korea Bizwire) – The deepening economic stagnation has clearly shown the disparity between consumption patterns. As expenditures from the middle and lower classes decrease, retailers are targeting the upper class to attract more spending. Due to the prolonged economic slump, members of the middle and lower classes have been reluctant to open [...]