Media Production Manager Average Salary in Korea (North) 2021

How much money does a Media Production Manager make in Korea (North)?

Average Monthly Salary

278,000 KPW

( 3,340,000 KPW yearly)

LOW
145,000
KPW AVERAGE
278,000
KPW HIGH
425,000
KPW

Media Production Manager Salary Distribution in Korea (North)

The median, the maximum, the minimum, and the range

• Salary Range

  Media Production Manager salaries in Korea (North) range from 145,000 KPW per month (minimum salary) to 425,000 KPW per month (maximum salary).

• Median Salary

  The median salary is 267,000 KPW per month, which means that half (50%) of people working as Media Production Manager(s) are earning less than 267,000 KPW while the other half are earning more than 267,000 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 Media Production Manager(s) are earning less than 185,000 KPW while 75% of them are earning more than 185,000 KPW. Also from the diagram, 75% of Media Production Manager(s) are earning less than 332,000 KPW while 25% are earning more than 332,000 KPW.

Media Production Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

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 Media Production Manager salaries by experience level and this is what we found.

A Media Production Manager with less than two years of experience makes approximately 164,000 KPW per month.

While someone with an experience level between two and five years is expected to earn 220,000 KPW per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 286,000 KPW per month, 30% more than someone with two to five years of experience.

Additionally, Media Production Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 347,000 KPW per month, 21% 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 379,000 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 399,000 KPW per month, 5% more than people with fifteen to twenty years of experience.

Media Production Manager average salary change by experience in Korea (North)

Typical Salary Progress for Most Careers

Media Production Manager Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Media Production Manager(s) who have the same experience but different education levels.

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 Media Production Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Media Production Manager is 198,000 KPW per month.

While someone with a Certificate or Diploma gets a salary of 226,000 KPW per month, 14% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 319,000 KPW per month, 41% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 386,000 KPW per month, 21% more than someone with Bachelor's Degree.

Media Production Manager average salary difference by education level in Korea (North)

Typical Salary Difference by Education for Most Careers

Media Production Manager Salary Comparison By Gender

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Media Production Manager employees in Korea (North) earn 11% more than their female counterparts on average.

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

Media Production Manager Average Annual Salary Increment Percentage in Korea (North)

How much are annual salary increments in Korea (North) for Media Production Manager(s)? How often do employees get salary raises?

Media Production Manager

Media Production Manager(s) in Korea (North) are likely to observe a salary increase of approximately 8% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

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

Annual Increment Rate By Industry 2020

Listed above are the average annual increase rates for each industry in Korea (North) for the year 2020. 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

Media Production Manager Bonus and Incentive Rates in Korea (North)

How much and how often are bonuses being awarded?

Share This Chart

  Tweet      Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(north)/advertising-grapic-design-events/media-production-manager/annual-salary-bonus-rate-korea-(north)-media-production-manager.jpg

A Media Production Manager is considered to be a high 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.

39% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 61% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus		61%
No Bonus		39%

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?

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.

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.

Media Production Manager Average Hourly Wage in Korea (North)

1,600 KPW per hour

The average hourly wage (pay per hour) in Korea (North) is 1,600 KPW. This means that the average Media Production Manager in Korea (North) earns approximately 1,600 KPW for every worked hour.

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.

Media Production Manager VS Other Jobs

The average salary for Media Production Manager is 52% more than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.

Salary comparison with similar jobs

Advertising Account Executive	219,000 KPW	-21%
Advertising Account Manager	240,000 KPW	-14%
Advertising Account Planner	125,000 KPW	-55%
Advertising Coordinator	166,000 KPW	-40%
Advertising Manager	307,000 KPW	+10%
Advertising Operations Manager	321,000 KPW	+15%
Advertising Strategic Planner	205,000 KPW	-26%
Advertising Team Leader	185,000 KPW	-33%
Animator	142,000 KPW	-49%
Art Director	197,000 KPW	-29%
Artist	171,000 KPW	-39%
Artworker	114,000 KPW	-59%
Assistant Art Director	157,000 KPW	-44%
Audiosual Technician	123,000 KPW	-56%
Broadcast Administrator	202,000 KPW	-27%
Catering Sales	127,000 KPW	-54%
Catering Trainer	149,000 KPW	-46%
Commercial and Industrial Designer	121,000 KPW	-56%
Conference Organiser	148,000 KPW	-47%
Content and Media Production Lead	232,000 KPW	-17%
CopyWriter	131,000 KPW	-53%
Creative Designer	154,000 KPW	-45%
Creative Director	195,000 KPW	-30%
Designer	112,000 KPW	-60%
Desktop Publisher	91,500 KPW	-67%
Director of Graphic Design	189,000 KPW	-32%
Events and Promotions Manager	328,000 KPW	+18%
Exhibit Display Coordinator	157,000 KPW	-44%
Exhibit Display Manager	212,000 KPW	-24%
Finisher	105,000 KPW	-62%
Graphic Artist	132,000 KPW	-53%
Graphic Designer	120,000 KPW	-57%
Graphics Design Supervisor	181,000 KPW	-35%
Imagery Analyst	117,000 KPW	-58%
Imaging Technologist	119,000 KPW	-57%
Interaction Designer	106,000 KPW	-62%
Media Planner	159,000 KPW	-43%
Media Production Coordinator	153,000 KPW	-45%
Media Production Manager	278,000 KPW	-0%
Media Project Manager	283,000 KPW	+2%
Media Relations Representative	235,000 KPW	-15%
Media Sales Executive	268,000 KPW	-4%
Multimedia Specialist	119,000 KPW	-57%
Photographer	109,000 KPW	-61%
PPC Campaign Manager	203,000 KPW	-27%
Print Production Manager	217,000 KPW	-22%
Product and Brand Manager	316,000 KPW	+14%
Sales Promotion Manager	325,000 KPW	+17%
Sketch Artist	148,000 KPW	-47%
Social Media Executive	254,000 KPW	-9%
Technical Typist	86,700 KPW	-69%
User Experience UX Designer	142,000 KPW	-49%
UX Designer	118,000 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.