[Official] Average starting salary for new employees at large domestic companies exceeds 50 million won

Starting salary at a large company: 50 million won
Small business medicine doubled
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Average continental starting salary for full-time employees by business size
As of 2023. Excluding excess pay.
Unit: Won
50.01 million
35.95 million
30.7 million
27.31 million
less than 5 people
5~29 people
30~299 people
300 people or more
Source: Korea Management Association. Ministry of Employment and Labor

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The average starting salary of new employees at large domestic companies is 5,000 for the first time.
It’s over 10,000 won. According to the Korea Employers Federation, businesses with 300 or more employees
The average starting salary for loans for full-time workers is KRW 50.01 million, and for businesses with less than 300 employees, it is KRW 3,238.
With just 10,000 won, there is a huge gap between large corporations and small and medium-sized enterprises. If you include summer excess pay,
The starting salary at a large company is KRW 53.02 million, which is approximately the starting salary at a company with less than 5 employees (KRW 27.5 million).
That’s twice as much.
Additionally, the starting salary for loans at large Korean companies is 57.99% higher than at large Japanese companies.
Yes. However, the wage gap between large and small businesses was found to be closer than in Japan.
Yes. The report points out that this gap is the cause of job mismatch.
He emphasized the need to introduce a performance-based wage system.
Samsung Electronics, Donga Ilbo