Korea Minimum Wage 2024. Employer’s obligations & penalty provisions. Minimum wage by year yearly trends in minimum wage (in won, %)
This minimum wage rate is reviewed annually for possible change. The minimum wage commission meets on july 11, 2024.
This minimum wage rate is reviewed annually for possible change.
We will try to establish an appropriate minimum wage level and system that will satisfy both labor and management.
Cases that can be determined differently from the minimum wage.
The minimum wage commission meets on july 11, 2024.
