Minimum Wage Updated in South Korea from 01 January 2023 - January 01, 2023

The minimum wage has been revised in South Korea from 01 January 2023. The minimum wage has been increased from ₩9,160.00 to ₩9,620.00  per hour.

For more information on changes, please refer to the minimum wage pages:

https://mywage.org/korea/imgeum/choejeo-imgeum

https://wageindicator.org/salary/minimum-wage/south-korea

Note: This minimum wage increase might not reflect the inflationary trends.

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