Minimum Wage Updated in South Korea by 5.05% from 01 January 2022 - December 31, 2021

The minimum wage has been revised in South Korea with effect from 01 January 2022. The minimum wage has been increased from ₩8,720.00 to ₩9160.00 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.