Korea's average salary $29,709, 87% less than top 1%: report
Social affairsOct 25, 2024
The average pretax annual salary in South Korea came to 41.23 million won ($29,709) last year, with the vast majority of high-paying jobs concentrated in the Seoul metropolitan area, highlighting the need to solve significant salary disparities between average and top earners, as well as between regions. According to data from the National Tax Service released by Rep. Ahn Do-geol of the main opposition Democratic Party of Korea on Friday, the nation’s total number of salaried workers reach