13/07/2021
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👉🏾The minimum wage in 2022 will rise by 5.0% to 9,160 won… Both labor and management decided
▪️Hourly rate: 9,160 per hour
▪️Daily rate: 73,280 per day
▪️Monthly rate: 1,914,440 per month
▪️Overtime rate: 13,740 per hour
▪️Night differential: 4,580 per hour
Source:
A national commission on Monday set next year's minimum hourly wage at 9,160 won ($7.98) in a 5.1 percent on-year increase. The Minimum Wage Commission, which is composed of nine members each from labor, business and the general public, struck the agreement around midnight during a plenary session h...