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One in 50 salaried workers earn over W100m

One in every 50 salaried workers in Korea made more than 100 million won ($93,000) last year, according to data from the National Tax Service.

Out of the salaried workers who filed for year-end tax adjustments, the share of 100-million-won-plus income earners rose above 2 percent for the first time to 2.3 percent last year, from 1.8 percent in 2010.

“The number of salaried employees who make over 100 million won is expected to remain unchanged or slightly decline this year due to the slowed economic recovery,” said an NTS official.

The mumber of women who earn over 100 million won in annual income increased more sharply than their male peers for three years in a row, although women still accounted for only about 17 percent of the 100-million-won-plus income earners.

By Kim So-hyun (sophie@heraldcorp.com)
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