Minimum Wage Calculator (Korea)
Convert Korea's 2026 minimum hourly wage of KRW 10,320 and your contracted weekly hours into a daily, weekly and monthly wage (209-hour basis) and check whether your rate falls below it.
How to use
- Enter the hourly wage. The default is the 2026 minimum wage of KRW 10,320.
- Type your contracted weekly hours or pick 15, 20, 25, 30 or 40 hours. Hours beyond 40 are left out of the monthly conversion.
- The daily, weekly and monthly wage plus the paid-holiday hours and monthly contracted hours appear at once. Under 15 hours a week there is no paid holiday.
- If the hourly wage is below the minimum, a warning shows how far short it is.
FAQ
What is the 2026 minimum wage?
KRW 10,320 an hour (Ministry of Employment and Labour notice, in force 1 Jan to 31 Dec 2026): KRW 82,560 a day, KRW 2,156,880 a month on the 209-hour basis and KRW 25,882,560 a year.
Where does 209 hours come from?
40 contracted hours plus 8 paid-holiday hours (48) times the average number of weeks in a year (365 ÷ 7), divided by 12, which is about 208.57 and is rounded to 209.
Does the minimum wage apply under 15 hours a week?
Yes. It applies whatever the hours; only the weekly paid-holiday allowance is not due below 15 hours a week (Labor Standards Act, arts. 18 and 55).
Can a trainee be paid 90%?
For the first three months of a contract of one year or longer, 90% (KRW 9,288 in 2026) is allowed, except for simple manual work and shorter contracts.
What is the 2027 minimum wage?
KRW 10,700 an hour (up 3.7%), or KRW 2,236,300 a month on 209 hours, applying from 1 January 2027.