On August 5, the South Korean Ministry of Employment and Labor announced that the minimum hourly wage for 2027 has been set at 10,700 Korean won (approximately 50.6 yuan), a 3.7% increase from this year. Based on this minimum hourly wage, next year's minimum monthly salary (calculated at 40 hours per week and 209 hours per month) will be 2,236,300 Korean won, applicable to employers in all industries.
On August 5, the South Korean Ministry of Employment and Labor announced that the minimum hourly wage for 2027 has been set at 10,700 Korean won (approximately 50.6 yuan), a 3.7% increase from this year. Based on this minimum hourly wage, next year's minimum monthly salary (calculated at 40 hours per week and 209 hours per month) will be 2,236,300 Korean won, applicable to employers in all industries.
智通财经2026/08/05 03:06Show original
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The South Korean Ministry of Employment and Labor announced on August 5 that the minimum hourly wage for 2027 has been set at 10,700 Korean won (approximately 50.6 RMB), a 3.7% increase compared to this year. Based on the minimum hourly wage, next year’s minimum monthly salary (calculated on a 40-hour workweek and 209 hours per month) will be 2,236,300 Korean won and will apply to employers in all industries.
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