The average salary for workers in the nation’s 30 major conglomerates has come to 63 million won ($56,300) per year, according to a corporate information tracker.
Hyundai Motor Group eclipsed the rest with a yearly wage payment of 84 million won last year, data gathered by chaebul.com showed. The nation’s No. 2 business group has 10 listed subsidiaries including Hyundai Mobis and Kia Motors.
Hyundai Heavy Industries ranked second with 76.4 million won, followed by Samsung Group with 74.8 million won, Daelim Group with 68.6 million won and Hyundai Group with 63.1 million won.
Doosan Group came next with 62.9 million won, followed by financial firm Mirae Asset Group with 61.2 million won, Kumho Asiana Group with 586.5 million won and Hanwha Group with 58.4 million won.
By company, employees of Hyundai Motor Co., the flagship unit of Hyundai Motor, topped the list as its employees were paid an average of 89.3 million won.
This marked the first time that Hyundai Motor overtook Samsung Life Insurance, a financial unit of Samsung Group, in yearly wages.
Samsung Life came second with 89.1 million won, trailed by SK Securities with 85 million won, Kia Motors with 84.9 million won, Samsung Securities with 84.5 million won and Samsung Fire & Marine with 83.1 million won.
Meanwhile, executives at the tallied conglomerates earned 840 million won on average last year. Executives at Samsung Group were paid the highest, with 2.14 billion won, followed by Hanwha Group with 1.45 billion won.
While major conglomerates had said they would raise salaries for new employees in the latter half of this year, most small or mid-sized companies are set to maintain the same level as before, according to a survey by Job Korea.
By Kim Yon-se (
kys@heraldcorp.com)
