Minimum wage
₩10,320KRW per hour
Announced each August by the Minimum Wage Commission and effective the following 1 January. It sets the floor for hourly pay and, through the weekly holiday allowance, for monthly pay.
- Applies to
- Every employee in Korea, foreign or not, from the first hour
- Review cadence
- Checked once a year
What it has been
- 2026-01-01₩10,320Current
Up 2.9% on 2025.
Minimum Wage Commission
- 2025-01-01₩10,030
First year above ₩10,000.
Minimum Wage Commission
Guides that depend on this figure
- Hiring Your First Employee in Korea
- Korea’s Minimum Wage and the 209-Hour Month
- Your Korean Employment Contract: What to Check
When this figure moves, every guide above needs the same edit. That is why it is tracked here rather than copied into each one.