A person working as a Dump Truck Driver in Korea (North) typically earns around 71,400 KPW per month. Salaries range from 37,100 KPW (lowest) to 109,000 KPW (highest).
This is the average monthly salary including housing, transport, and other benefits. Dump Truck Driver salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Dump Truck Driver salaries in Korea (North) range from 37,100 KPW per month (minimum salary) to 109,000 KPW per month (maximum salary).
The median salary is 68,600 KPW per month, which means that half (50%) of people working as Dump Truck Driver(s) are earning less than 68,600 KPW while the other half are earning more than 68,600 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 Dump Truck Driver(s) are earning less than 47,600 KPW while 75% of them are earning more than 47,600 KPW. Also from the diagram, 75% of Dump Truck Driver(s) are earning less than 85,400 KPW while 25% are earning more than 85,400 KPW.
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
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 Dump Truck Driver salaries by experience level and this is what we found.
A Dump Truck Driver with less than two years of experience makes approximately 42,200 KPW per month.
While someone with an experience level between two and five years is expected to earn 56,600 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 73,600 KPW per month, 30% more than someone with two to five years of experience.
Additionally, Dump Truck Driver(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 89,100 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 97,400 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 102,000 KPW per month, 5% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+30%|
|10 - 15 Years||+21%|
|15 - 20 Years||+9%|
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 Dump Truck Driver salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Dump Truck Driver is 53,000 KPW per month.
While someone with a Certificate or Diploma gets a salary of 89,100 KPW per month, 68% more than someone having a High School degree.
|Certificate or Diploma||+68%|
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Dump Truck Driver employees in Korea (North) earn 11% more than their female counterparts on average.
Dump Truck Driver(s) in Korea (North) are likely to observe a salary increase of approximately 7% every 27 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
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.
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
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.
A Dump Truck Driver is considered to be a low 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.
91% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 9% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
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.
The average salary for Dump Truck Driver is 59% less than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.
|Job Title||Average Salary|
|Assistant Yard Manager||172,000 KPW||+140%|
|Associate Analyst||203,000 KPW||+180%|
|Associate Landman||85,300 KPW||+19%|
|Auxiliary Equipment Operator||72,800 KPW||+2%|
|Biomass Plant Technician||94,000 KPW||+32%|
|Biomass Power Plant Manager||247,000 KPW||+250%|
|Chemical Plant Operator||152,000 KPW||+110%|
|Chief Contract Compliance Engineer||184,000 KPW||+160%|
|Completions Engineer||167,000 KPW||+130%|
|Cost Controller||134,000 KPW||+88%|
|Crude Oil Marketing Representative||204,000 KPW||+190%|
|Distribution Manager||252,000 KPW||+250%|
|Dragline Operator||85,800 KPW||+20%|
|Driller Offsider||65,700 KPW||-8%|
|Dump Truck Driver||71,400 KPW||-0%|
|Electric and Gas Operations Manager||418,000 KPW||+490%|
|Energy Advisor||283,000 KPW||+300%|
|Energy Analyst||270,000 KPW||+280%|
|Energy Auditor||241,000 KPW||+240%|
|Energy Dispatch Director||319,000 KPW||+350%|
|Energy Technical Assistant||115,000 KPW||+61%|
|Energy Technical Manager||219,000 KPW||+210%|
|Energy Technical Trainer||156,000 KPW||+120%|
|Exploration Manager||328,000 KPW||+360%|
|Field Safety Auditor||210,000 KPW||+190%|
|Fluids Engineer||175,000 KPW||+150%|
|Fuel Cell Engineer||187,000 KPW||+160%|
|Fuel Cell Technician||90,500 KPW||+27%|
|Fuels Handler||88,400 KPW||+24%|
|Gas Compressor Operator||77,000 KPW||+8%|
|Gas Distribution Plant Operator||145,000 KPW||+100%|
|Gas Supply Manager||292,000 KPW||+310%|
|Geothermal Production Manager||321,000 KPW||+350%|
|Geothermal Technician||133,000 KPW||+86%|
|HSE Engineer||191,000 KPW||+170%|
|HSE Officer||118,000 KPW||+65%|
|HSEQ Administrator||126,000 KPW||+76%|
|Instrument Designer||151,000 KPW||+110%|
|Lead Technical Field Advisor||241,000 KPW||+240%|
|Logistics and Tool Coordinator||158,000 KPW||+120%|
|Maintenance Engineer||184,000 KPW||+160%|
|Maintenance Superintendent||173,000 KPW||+140%|
|Material Controller||128,000 KPW||+79%|
|Mine Engineer||173,000 KPW||+140%|
|Mine Surveyor||210,000 KPW||+190%|
|Mining Project Administrator||160,000 KPW||+120%|
|Mining Project Assistant||133,000 KPW||+86%|
|Mining Project Controls Consultant||212,000 KPW||+200%|
|Mining Project Coordinator||165,000 KPW||+130%|
|Mining Project Engineer||172,000 KPW||+140%|
|Mining Project Manager||237,000 KPW||+230%|
|Mining Site Manager||233,000 KPW||+230%|
|Mining Team Leader||204,000 KPW||+190%|
|NDT Technician||107,000 KPW||+50%|
|Oil Service Unit Operator||97,600 KPW||+37%|
|Oil Trader||241,000 KPW||+240%|
|Oilwell Pumper||68,000 KPW||-5%|
|Petroleum Engineer||201,000 KPW||+180%|
|Petroleum Geologist||330,000 KPW||+360%|
|Petroleum Pump System Operator||106,000 KPW||+48%|
|Pipeline Technician||71,300 KPW||-0%|
|Power Coordinator||111,000 KPW||+55%|
|Power Plant Operations Manager||369,000 KPW||+420%|
|Power Plant Operator||156,000 KPW||+120%|
|Radio Operator||82,200 KPW||+15%|
|Reliability Engineer||179,000 KPW||+150%|
|Reservoir Engineer||176,000 KPW||+150%|
|Risk Analyst||221,000 KPW||+210%|
|Shutdown Engineer||152,000 KPW||+110%|
|Solar Energy Installation Manager||257,000 KPW||+260%|
|Solar Energy Systems Engineer||183,000 KPW||+160%|
|Solar Photovoltaic Installer||117,000 KPW||+64%|
|Solar Thermal Technician||113,000 KPW||+58%|
|Supply Operations Manager||312,000 KPW||+340%|
|Sustainability Specialist||286,000 KPW||+300%|
|System Development Advisor||204,000 KPW||+190%|
|Tanker Truck Driver||72,500 KPW||+2%|
|Utility Operator||94,400 KPW||+32%|
|Wind Energy Project Manager||246,000 KPW||+240%|
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.