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Average monthly income of 5,500,000 won for workers in large corporations… twice that of Chinese workers

Input 2021.02.24 12:00

Average monthly income for office workers 3,900,000 won, an increase of 4.1% over the previous year

In 2019, the average monthly income of workers at large companies was 5.15 million won, which was more than twice that of SME workers. The average monthly income of wage workers was 3,900,000 won during this period, an increase of 120,000 won (4.1%) from the previous year.

Statistical Office

On the 24th, the National Statistical Office announced the results of ‘2019 wage and work income (reward)’. The average monthly income of workers at large corporations increased by 140,000 won (2.9%) to 5.15 million won. The average monthly income of SME workers was 2.45 million won, an increase of 140,000 won (6.1%) during this period. Although the income of small and medium-sized workers has increased significantly, it is still less than a half of the income of workers in large companies. The average monthly income of workers in non-profit companies was 3.27 million won, down 10,000 won (0.2%) from the previous year.

Even by gender, the average income of workers in large companies was the highest. The average monthly income of male conglomerates was 5.87 million won. The average monthly income of female conglomerates was 3.54 million won. In the case of SME workers, it was found that men received 2.74 million won and women received 1.95 million won. Women’s average income was lower than men’s.

The average income of all male workers was 3.6 million won, about 1.53 times that of women (2.36 million won). The median income was about 1.44 times that of men (2.83 million won) and women (1.96 million won). Males in their 40s had the highest monthly average income of 4.44 million won, followed by their 50s (4,35 million won) and their 30s (3,620,000 won). Women in their 30s had the highest monthly average income of 2.94 million won, followed by their 40s (2.86 million won) and their 50s (2.38 million won). The difference in gender average income was 1,980,000 won for those in their 50s, followed by those in their 40s (1,600,000 won), over 60 (1,220,000 won), in their 30s (680,000 won), 20s (170,000 won), and under 19 (110,000 won). In order.

In terms of income by industry, the average income of workers in the electricity, gas, steam, and air conditioning supply industry was the highest at 6.35 million won. This was followed by the financial insurance business (6.18 million won) and international foreign institutions (4.74 million won). The industry with the lowest monthly average income was the lodging and restaurant business, and the average monthly income for workers in this industry was the lowest at 1.44 million won. The following were association organizations and other personal service businesses with 1.98 million won.

The median income of all wage workers was 2.34 million won, an increase of 140,000 won (6.3%) from the previous year. By income category, 28.5% was the highest with 1.5~2.5 million won, followed by 2.5~3.5 million won (16.7%), and less than 850,000 won (14.9%).

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