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Senior Citizens More Optimistic about Future Economic Hardship than Young, Mature Adults

Senior Citizens More Optimistic about Future Economic Hardship than Young, Mature Adults

SEOUL, Oct. 2 (Korea Bizwire) — According to a recent national survey on civil rights focusing on senior citizens, 7 out of 10 young and middle-aged adults said they expected to encounter economic hardship during the rest of the lives. This is in sharp contrast to senior citizens, more than half of whom responded saying [...]

Korean Women Take Home Less Wages than Men

Korean Women Take Home Less Wages than Men

SEJONG, May 19 (Korea Bizwire) — South Korean female workers lagged far behind their male counterparts in wages in 2013, government data showed Tuesday, highlighting a deep gender gap in the country’s workforce. The average salary of a female worker reached 21 million won (US$19,200) in 2013, just 57.5 percent of what a male counterpart [...]

Male Workers Get 50% Higher Salary than Female Workers

Male Workers Get 50% Higher Salary than Female Workers

SEOUL, Korea, April 15, 2014 (Korea Bizwire) – On average male employees of Korea’s top-20 largest companies receive 1.5 times more salaries than female counterparts. According to a business report issued by top 20 companies (not including financial service firms), excluding SK Networks where the average annual salary by gender is not specified, male employees’ [...]