Korea Minimum Wage 2027: ₩10,700/Hour, ₩2.24M a Month
- Get link
- X
- Other Apps
From January 1, 2027, no employer in Korea may pay less than 10,700 won an hour. The Ministry of Employment and Labor fixed the figure in its final notice of August 5, 2026, after the Minimum Wage Commission voted in July. That is 380 won, or 3.7 percent, more than the 10,320 won in force this year, and it covers every industry at a single rate. Foreign employees are not a separate category. The commission's own English page says the floor applies regardless of nationality, and that includes part-timers, day labourers and temporary staff.
The monthly number most job ads quote is 2,236,300 won. It assumes a 40-hour week plus the 8 paid hours of the weekly rest day, which comes to 209 hours a month. A full eight-hour day is worth 85,600 won, and twelve months at the floor add up to just over 26.8 million won before tax and payroll deductions. An employer may pay someone on probation with a contract of a year or more 90 percent for the first three months, or 9,630 won an hour, but that cut is not allowed in jobs the ministry lists as simple labour.
Two details catch foreign workers out. Since 2024 every regular monthly bonus and every welfare allowance paid in cash each month counts toward the minimum, so a low base wage padded with meal money can still be legal. And the old national caps on deductions for employer-provided housing and meals no longer exist: the ministry withdrew that guideline in November 2023, and each regional labour office now publishes its own housing cost guide, with food charged at actual cost and written consent in the worker's own language.
Students on a D-2 visa are covered too, but how many hours they may work during term depends on their course and Korean level. The full guide on Hello Korea Playground puts the 2026 and 2027 figures side by side, works out weekly pay for each student hour cap, lists the probation rules and the penalty for underpaying, and gives the phone lines that take calls in English, including the 1350 labour centre and the 1577-0071 foreign workers' line. Each figure links to the ministry notice or the law it comes from, and the page says plainly which questions it leaves to your contract or to the local labour office, such as your take-home pay or the housing charge in your area.
Read the full guide on Hello Korea Playground → Korea Minimum Wage 2027: ₩10,700/Hour, ₩2.24M a Month
More from Hello Korea: every post, by topic.
- Get link
- X
- Other Apps
Comments
Post a Comment