How much money does a person working in Korea (North) make?
317,890 KPW per month
Average Monthly Salary
A person working in Korea (North) typically earns around 317,890 KPW per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Korea (North) | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Korea (North) range between 43,028 KPW per month (minimum salary) to 1,407,666 KPW per month (maximum salary).
The median salary is 317,890 KPW per month, which means that half (50%) of the population are earning less than 317,890 KPW while the other half are earning more than 317,890 KPW. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 162,413 KPW while 75% of them are earning more than 162,413 KPW. Also from the diagram, 75% of the population are earning less than 862,778 KPW while 25% are earning more than 862,778 KPW.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in Korea (North)
How are Korea (North) salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +3% |
|Average Salary 2019|| +1% |
Percentage increase and decrease are relative to the previous value
Salaries in Korea (North) are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 1% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||173,778 KPW|
|Biomedical Engineer||280,543 KPW|
|CAD Drafter||248,498 KPW|
|Chartered Accountant||269,522 KPW|
|Chief Executive Officer||706,757 KPW|
|Chief Financial Officer||655,230 KPW|
|Civil Engineer||298,490 KPW|
|Computer Technician||244,450 KPW|
|Creative Director||324,618 KPW|
|Developer / Programmer||292,455 KPW|
|Electrical Engineer||322,097 KPW|
|Elementary School Teacher||224,647 KPW|
|Executive Chef||297,287 KPW|
|Flight Attendant||287,173 KPW|
|General Manager||581,550 KPW|
|Graphic Designer||212,588 KPW|
|Hotel Manager||486,300 KPW|
|Human Resources Manager||452,469 KPW|
|Internal Auditor||318,955 KPW|
|Legal Assistant||238,850 KPW|
|Mechanical Engineer||328,748 KPW|
|Police Officer||256,318 KPW|
|Project Manager||361,052 KPW|
|Sales Manager||513,659 KPW|
|Sales Representative||216,404 KPW|
|Secondary School Teacher||266,319 KPW|
|Travel Agent||252,858 KPW|
|Waiter / Waitress||189,248 KPW|
Average Hourly Wage in Korea (North) | All Jobs
1,834 KPW per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Korea (North) | All Jobs is 1,834 KPW. This means that the average person in Korea (North) earns approximatly 1,834 KPW for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
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