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Korea’s Low-wage Fact: Half of Employees Earn Less than $2K a Month

Korea’s Low-wage Fact: Half of Employees Earn Less than $2K a Month

SEOUL, Korea, May 1, 2014 (Korea Bizwire) – About half of salaried workers in Korea are earning less than 2 million won (US$1,937) a month, reflecting  growing income inequality in the society. Meanwhile, about 30 percent of those in financial services and science and technology professions earn monthly pay of more than 4 million won. More than half of those [...]