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Power Plant Operator Average Salary in Korea (North) 2020

How much money does a Power Plant Operator make in Korea (North)?


Average Monthly Salary
156,000 KPW
( 1,870,000 KPW yearly)

LOW
79,300
KPW
AVERAGE
156,000
KPW
HIGH
240,000
KPW

A person working as a Power Plant Operator in Korea (North) typically earns around 156,000 KPW per month. Salaries range from 79,300 KPW (lowest) to 240,000 KPW (highest).

This is the average monthly salary including housing, transport, and other benefits. Power Plant Operator salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Power Plant Operator Salary Distribution in Korea (North)

Median and salary distribution monthly Korea (North) Power Plant Operator
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The median, the maximum, the minimum, and the range

  • Salary Range

    Power Plant Operator salaries in Korea (North) range from 79,300 KPW per month (minimum salary) to 240,000 KPW per month (maximum salary).

  • Median Salary

    The median salary is 152,000 KPW per month, which means that half (50%) of people working as Power Plant Operator(s) are earning less than 152,000 KPW while the other half are earning more than 152,000 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Power Plant Operator(s) are earning less than 104,000 KPW while 75% of them are earning more than 104,000 KPW. Also from the diagram, 75% of Power Plant Operator(s) are earning less than 192,000 KPW while 25% are earning more than 192,000 KPW.


What is the difference between the median and the average salary?

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 plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Power Plant Operator Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Korea (North) Power Plant Operator
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Power Plant Operator salaries by experience level and this is what we found.

A Power Plant Operator with less than two years of experience makes approximately 88,900 KPW per month.

While someone with an experience level between two and five years is expected to earn 116,000 KPW per month, 31% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 163,000 KPW per month, 40% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Power Plant Operator(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 195,000 KPW per month, 20% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 212,000 KPW per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 229,000 KPW per month, 8% more than people with fifteen to twenty years of experience.


Power Plant Operator average salary change by experience in Korea (North)

0 - 2 Years
88,900 KPW
2 - 5 Years+31%
116,000 KPW
5 - 10 Years+40%
163,000 KPW
10 - 15 Years+20%
195,000 KPW
15 - 20 Years+9%
212,000 KPW
20+ Years+8%
229,000 KPW
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Power Plant Operator Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Power Plant Operator(s) who have the same experience but different education levels.

Salary comparison by education level monthly Korea (North) Power Plant Operator
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Power Plant Operator salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Power Plant Operator is 102,000 KPW per month.

While someone with a Certificate or Diploma gets a salary of 150,000 KPW per month, 47% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 230,000 KPW per month, 53% more than someone with a Certificate or Diploma.


Power Plant Operator average salary difference by education level in Korea (North)

High School
102,000 KPW
Certificate or Diploma+47%
150,000 KPW
Bachelor's Degree+53%
230,000 KPW
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Power Plant Operator Salary Comparison By Gender

Salary comparison by gender monthly Korea (North) Power Plant Operator
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Power Plant Operator employees in Korea (North) earn 16% more than their female counterparts on average.

Male
168,000 KPW
Female-14%
144,000 KPW
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Korea (North) for all Careers

Salary comparison by gender monthly Korea (North)
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Power Plant Operator Average Annual Salary Increment Percentage in Korea (North)

How much are annual salary increments in Korea (North) for Power Plant Operator(s)? How often do employees get salary raises?

Power Plant Operator

Power Plant Operator(s) in Korea (North) are likely to observe a salary increase of approximately 7% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Korea (North) Power Plant Operator
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Korea (North) / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Korea (North) is 2%.

Annual Increment Rate By Industry 2019

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Listed above are the average annual increase rates for each industry in Korea (North) for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Power Plant Operator Bonus and Incentive Rates in Korea (North)

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Korea (North) Power Plant Operator
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A Power Plant Operator is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

64% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 36% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
36%
No Bonus
64%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Power Plant Operator Average Hourly Wage in Korea (North)


900 KPW per hour

The average hourly wage (pay per hour) in Korea (North) is 900 KPW. This means that the average Power Plant Operator in Korea (North) earns approximately 900 KPW for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked 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 the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Power Plant Operator VS Other Jobs

Salary Comparison Between Power Plant Operator and Oil  / Gas / Energy / Mining monthly Korea (North)
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The average salary for Power Plant Operator is 11% less than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager172,000 KPW+11%
Associate Analyst203,000 KPW+31%
Associate Landman85,300 KPW-45%
Auxiliary Equipment Operator72,800 KPW-53%
Biomass Plant Technician94,000 KPW-40%
Biomass Power Plant Manager247,000 KPW+59%
Chemical Plant Operator152,000 KPW-2%
Chief Contract Compliance Engineer184,000 KPW+18%
Completions Engineer167,000 KPW+7%
Cost Controller134,000 KPW-14%
Crude Oil Marketing Representative204,000 KPW+31%
Dispatcher76,400 KPW-51%
Distribution Manager252,000 KPW+62%
Dragline Operator85,800 KPW-45%
Driller Offsider65,700 KPW-58%
Dump Truck Driver71,400 KPW-54%
Electric and Gas Operations Manager418,000 KPW+170%
Energy Advisor283,000 KPW+82%
Energy Analyst270,000 KPW+74%
Energy Auditor241,000 KPW+55%
Energy Dispatch Director319,000 KPW+110%
Energy Technical Assistant115,000 KPW-26%
Energy Technical Manager219,000 KPW+41%
Energy Technical Trainer156,000 KPW+0%
Exploration Manager328,000 KPW+110%
Field Safety Auditor210,000 KPW+35%
Fluids Engineer175,000 KPW+13%
Fuel Cell Engineer187,000 KPW+20%
Fuel Cell Technician90,500 KPW-42%
Fuels Handler88,400 KPW-43%
Gas Compressor Operator77,000 KPW-50%
Gas Distribution Plant Operator145,000 KPW-7%
Gas Supply Manager292,000 KPW+88%
Geologist317,000 KPW+100%
Geophysicist345,000 KPW+120%
Geothermal Production Manager321,000 KPW+110%
Geothermal Technician133,000 KPW-14%
HSE Engineer191,000 KPW+23%
HSE Officer118,000 KPW-24%
HSEQ Administrator126,000 KPW-19%
Inspector173,000 KPW+11%
Instructor154,000 KPW-1%
Instrument Designer151,000 KPW-3%
Lead Technical Field Advisor241,000 KPW+55%
Logistics and Tool Coordinator158,000 KPW+2%
Maintenance Engineer184,000 KPW+18%
Maintenance Superintendent173,000 KPW+11%
Material Controller128,000 KPW-18%
Mine Engineer173,000 KPW+11%
Mine Surveyor210,000 KPW+35%
Mining Project Administrator160,000 KPW+3%
Mining Project Assistant133,000 KPW-14%
Mining Project Controls Consultant212,000 KPW+36%
Mining Project Coordinator165,000 KPW+6%
Mining Project Engineer172,000 KPW+11%
Mining Project Manager237,000 KPW+52%
Mining Site Manager233,000 KPW+50%
Mining Team Leader204,000 KPW+31%
NDT Technician107,000 KPW-31%
Oil Service Unit Operator97,600 KPW-37%
Oil Trader241,000 KPW+55%
Oilwell Pumper68,000 KPW-56%
Petroleum Engineer 201,000 KPW+29%
Petroleum Geologist330,000 KPW+110%
Petroleum Pump System Operator106,000 KPW-32%
Pipeline Technician71,300 KPW-54%
Power Coordinator111,000 KPW-29%
Power Plant Operations Manager369,000 KPW+140%
Power Plant Operator156,000 KPW+0%
Radio Operator82,200 KPW-47%
Reliability Engineer179,000 KPW+15%
Reservoir Engineer176,000 KPW+13%
Risk Analyst221,000 KPW+42%
Roughneck194,000 KPW+25%
Scaffolder117,000 KPW-25%
Shutdown Engineer152,000 KPW-2%
Solar Energy Installation Manager257,000 KPW+65%
Solar Energy Systems Engineer183,000 KPW+18%
Solar Photovoltaic Installer117,000 KPW-25%
Solar Thermal Technician113,000 KPW-27%
Supply Operations Manager312,000 KPW+100%
Sustainability Specialist286,000 KPW+84%
System Development Advisor204,000 KPW+31%
Tanker Truck Driver72,500 KPW-53%
Utility Operator94,400 KPW-39%
Wind Energy Project Manager246,000 KPW+58%

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Korea (North) earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
186,000 KPW
Public Sector+7%
200,000 KPW
Percentage increase and decrease are relative to the previous value

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