Hourly, Monthly and Annual Pay Converter (Korea)
Convert hourly, monthly and annual pay into each other with paid weekly holidays included, and see the monthly take-home pay after insurance and income tax.
How to use
- Pick the unit of the amount you know: hourly, monthly or annual.
- Type the amount, or press the minimum-wage button for KRW 10,320 an hour.
- Set the weekly working hours (40 by default, 1 to 68).
- The other two units appear at once, followed by the monthly and yearly take-home pay after insurance and tax.
FAQ
How do I turn an hourly wage into a monthly wage?
At 40 hours a week, monthly pay = hourly wage × 209 hours (40 contracted plus 8 paid-holiday hours, × 365 ÷ 7 ÷ 12, rounded). KRW 10,320 an hour is KRW 2,156,880 a month.
And a monthly wage into an hourly one?
Divide by 209: KRW 2.5 million a month is about KRW 11,962 an hour and KRW 3 million is about KRW 14,354.
Is the weekly holiday allowance included?
Yes, from 15 hours a week. Below 15 hours there is no paid holiday, and hours beyond 40 are added at the same rate without an overtime premium.
What is the take-home estimate based on?
No non-taxable pay, one dependant, the 100% withholding rate and the 2026 insurance rates. On KRW 2.5 million a month it is KRW 2,217,910.