SEOUL, Feb. 11 (Korea Bizwire) – The top 0.1 percent of wage earners in Seoul made an average of 1.4 billion won (US$1.05 million) in 2022, triple the amount earned by the same cohort in Gangwon Province, data showed Sunday. According to the data compiled by the National Tax Service and released by Rep. Yang [...]
SEOUL, Feb. 28 (Korea Bizwire) — The average monthly salary of wage earners in South Korea rose 4.1 percent on-year in 2021, data showed Tuesday, on the back of higher salaries in the finance and energy industries. Wage earners in Asia’s fourth-largest economy took home a monthly average of 3.3 million won (US$2,669) in December [...]
SEOUL, Sept. 22 (Korea Bizwire) — The average annual salary of wage earners rose 4.6 percent in 2018 from a year earlier, a think-tank report showed Sunday, with the income gap between conglomerates and small businesses also narrowing over the period. South Korean wage workers earned 36.3 million won (US$30,543) annually on average last year, [...]