19/07/2026
🇰🇷 𝘽𝙍𝙀𝘼𝙆𝙄𝙉𝙂 𝙉𝙀𝙒𝙎: 𝙎𝙤𝙪𝙩𝙝 𝙆𝙤𝙧𝙚𝙖'𝙨 2027 𝙈𝙞𝙣𝙞𝙢𝙪𝙢 𝙒𝙖𝙜𝙚 𝙃𝙖𝙨 𝘽𝙚𝙚𝙣 𝙁𝙞𝙣𝙖𝙡𝙞𝙯𝙚𝙙
The Minimum Wage Commission has officially approved South Korea's 2027 minimum wage after marathon negotiations that continued late into the night.
📌 Official 2027 Minimum Wage
Hourly wage: ₩10,700
Increase from 2026: ₩380/hour
Percentage increase: 3.7%
Current (2026): ₩10,320/hour
Effective date: January 1, 2027
🤝 How the Decision Was Reached
The agreement came after 12 rounds of revised proposals during the final negotiation session.
✅️Labor initially demanded ₩12,000/hour.
✅️Employers initially wanted to freeze the wage at ₩10,320.
✅️ After hours of negotiations, the commission approved ₩10,700/hour as the legal minimum wage for 2027.
👷 What This Means for EPS and E-9 Workers
If you are an EPS or E-9 worker in South Korea:
✅ The new minimum wage also applies to you, provided you are covered by the Minimum Wage Act.
✅ Employers cannot legally pay less than ₩10,700 per hour starting January 1, 2027, except in limited situations specifically allowed by Korean law.
This is now the official result of the 2027 minimum wage deliberation, replacing the earlier negotiation updates that Hourly minimum wage set at 10,700 won for 2027, up 3.7 % from this year"
