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Korean Job Discussion Forums
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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 Posted: Tue Dec 09, 2003 2:39 am Post subject: Koreans earning more, the same or less? |
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I hope your pay (or pay increase) reflects this reality. I hope you understand that teachers, especially professors, are highly respected. Professors usually are paid some of the highest salaries in Korea.
The nation�s per capita income is expected to exceed $11,000 this year, meaning the average South Korean is earning more than ever before, the Bank of Korea (BOK) reported on Tuesday.
Last edited by Real Reality on Thu Feb 19, 2009 1:27 am; edited 1 time in total |
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weatherman
Joined: 14 Jan 2003
Location: Korea
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| Posted: Tue Dec 09, 2003 2:46 am Post subject: |
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Might be my own fault for not changing jobs, but I haven't had a raise since 1998. I am not earning more than ever before.  |
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Mr. Pink
Joined: 21 Oct 2003
Location: China
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| Posted: Tue Dec 09, 2003 2:49 am Post subject: |
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| weatherman wrote: |
| Might be my own fault for not changing jobs, but I haven't had a raise since 1998. I am not earning more than ever before. |
I made 1.3mil/mth in 1998...glad I changed jobs...making a hella lot more than that now  Also working less hours too! |
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weatherman
Joined: 14 Jan 2003
Location: Korea
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| Posted: Tue Dec 09, 2003 2:55 am Post subject: |
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| Mr. Pink wrote: |
| weatherman wrote: |
| Might be my own fault for not changing jobs, but I haven't had a raise since 1998. I am not earning more than ever before. |
I made 1.3mil/mth in 1998...glad I changed jobs...making a hella lot more than that now Also working less hours too! |
I was making 2.0 in 1998 and I still am at the same level.  |
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kangnamdragon
Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea
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| Posted: Tue Dec 09, 2003 3:51 am Post subject: |
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I am sure most of us are making at least 2, 3, or 4 times the $11,000 the average Korean earns.
Yes, yes I know that includes many people who still live at home, etc. |
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princess
Joined: 16 Jan 2003
Location: soul of Asia
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| Posted: Tue Dec 09, 2003 6:49 am Post subject: |
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| $11,000 a year is the average income of a Korean? Is that for real? Who? Bartenders, waiters, etc? |
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Gord
Joined: 25 Feb 2003
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| Posted: Tue Dec 09, 2003 6:59 am Post subject: |
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| weatherman wrote: |
| I was making 2.0 in 1998 and I still am at the same level. |
But the currency is worth nearly twice what is was back then, so your buying power outside the country has nearly doubled. |
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Gord
Joined: 25 Feb 2003
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| Posted: Tue Dec 09, 2003 7:01 am Post subject: |
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| princess wrote: |
| $11,000 a year is the average income of a Korean? Is that for real? Who? Bartenders, waiters, etc? |
Minimum wage in Korea is a little over 2000 Won an hour. So if you line up a job with no work like at a PC room for 40 hours a week, your take home pay before deductions will be a whopping 100,000. Or about $5000 a year. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Tue Dec 09, 2003 7:16 am Post subject: |
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Position ................. $ Salary/Month
Clerk (Entry-level) ... $878
Bank Manager: $4,042
Architect: 1,837
Civil Engineer: 1,837
Doctor: 4,777
Lawyer: 4,042
Reporter: 2,756
Professor: 5,511
CEO: $9,800
Controller: 7,562
Human Resources Director: 4,387
Systems Director: 5,484
Manufacturing Director: 4,551
Sales Manager: 2,993
Accountant: 1,810
Systems Engineer: 2,207
Software Developer: 2,119
Field Services Engineer: 1,949
Production Supervisor: 1,922
Executive Secretary: 1,796
Secretary: 1,494
Chauffeur: 1,411
http://www.asiaweek.com/asiaweek/features/salaries/2000/popups/content/skor.html
Exchange rates: 1,134 won = $1 |
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kangnamdragon
Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea
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| Posted: Tue Dec 09, 2003 3:55 pm Post subject: |
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| That seems a little low for a lawyer. I cannot believe I make more than a lawyer. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Tue Dec 09, 2003 4:06 pm Post subject: |
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| kangnamdragon wrote,
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