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Information Technology Average Salaries in Seoul 2024

How much money does a person working in Information Technology make in Seoul?


Average Monthly Salary
4,490,000 KRW
( 53,900,000 KRW yearly)

LOW
2,270,000
KRW
AVERAGE
4,490,000
KRW
HIGH
7,140,000
KRW
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Information Technology in Seoul typically earns around 4,490,000 KRW. Salaries range from 2,270,000 KRW (lowest average) to 7,140,000 KRW (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Information Technology domain in Seoul exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Information Technology
2nd Line Systems Engineer4,040,000 KRW
A/B Testing Specialist3,760,000 KRW
ABAP Developer3,880,000 KRW
Advertising Account Planner3,910,000 KRW
Amazon Web Services Specialist5,050,000 KRW
Android Developer4,130,000 KRW
Angular Developer3,900,000 KRW
Angular JS Programmer3,910,000 KRW
Application Consultant4,930,000 KRW
Application Developer4,420,000 KRW
Application Management Analyst4,110,000 KRW
Applications Engineer3,640,000 KRW
Applications Support3,030,000 KRW
Applications System Specialist3,620,000 KRW
Artificial Intelligence / Machine Learning Analyst4,680,000 KRW
Artificial Intelligence / Machine Learning Developer4,600,000 KRW
Artificial Intelligence / Machine Learning Ethics Officer5,150,000 KRW
Artificial Intelligence / Machine Learning Governance Specialist5,880,000 KRW
Artificial Intelligence / Machine Learning Implementation Officer6,140,000 KRW
Artificial Intelligence / Machine Learning Lead5,990,000 KRW
Artificial Intelligence / Machine Learning Officer6,070,000 KRW
Artificial Intelligence / Machine Learning Prompt Specialist4,180,000 KRW
Artificial Intelligence / Machine Learning Research Scientist5,480,000 KRW
Artificial Intelligence / Machine Learning Sales4,690,000 KRW
Artificial Intelligence / Machine Learning Software Engineer4,820,000 KRW
Artificial Intelligence / Machine Learning Strategist6,040,000 KRW
Artificial Intelligence / Machine Learning Trainer4,490,000 KRW
Artificial Intelligence and Machine Learning Specialist4,900,000 KRW
Artificial Intelligence Developer5,070,000 KRW
AS400 Programmer4,580,000 KRW
Assembly Developer4,570,000 KRW
Assistant Information Technology Manager5,210,000 KRW
Assistant Information Technology Project Manager5,370,000 KRW
Assistant Service Delivery Manager5,240,000 KRW
Avaloq Developer3,870,000 KRW
Back End Developer4,340,000 KRW
Big Data Architect5,100,000 KRW
BigQuery Specialist5,580,000 KRW
BizTalk Developer 4,440,000 KRW
Blockchain Associate4,190,000 KRW
Blockchain Developer4,040,000 KRW
Blockchain Engineer4,270,000 KRW
Build and Release Engineer3,720,000 KRW
Business Intelligence Analyst4,460,000 KRW
Business Intelligence Consultant6,100,000 KRW
Business Intelligence Developer4,550,000 KRW
Business Intelligence Manager6,430,000 KRW
Business Objects Developer4,080,000 KRW
Business Process Analyst4,570,000 KRW
Business Process Consultant4,560,000 KRW
Business Systems Analyst3,800,000 KRW
C Developer4,980,000 KRW
C# Developer4,690,000 KRW
C++ Developer4,420,000 KRW
Capacity Planning Manager5,520,000 KRW
Cassandra Specialist4,320,000 KRW
Change Administrator3,610,000 KRW
Chatbot Developer4,070,000 KRW
ChatGPT Expert3,930,000 KRW
Chief Artificial Intelligence Officer6,580,000 KRW
Chief Cloud Officer6,380,000 KRW
Chief Data Governance Officer6,440,000 KRW
Chief Data Officer6,750,000 KRW
Chief Digital Ethics Officer5,390,000 KRW
Chief Digital Officer6,540,000 KRW
Chief Information Officer6,980,000 KRW
Chief Information Security Officer6,330,000 KRW
Chief Innovation Officer6,150,000 KRW
Chief Privacy Officer5,240,000 KRW
Client Delivery Manager5,870,000 KRW
Clojure Developer5,090,000 KRW
Cloud Compliance Architect4,300,000 KRW
Cloud Computing Specialist5,030,000 KRW
Cloud Infrastructure Engineer4,190,000 KRW
Cloud Migration Specialist4,660,000 KRW
Cloud Security Architect4,610,000 KRW
Cloud Services Engineer4,020,000 KRW
Cloud Solutions Architect4,890,000 KRW
Cloud-Based Inventory Manager4,910,000 KRW
CMS Developer3,500,000 KRW
Computer Animator3,740,000 KRW
Computer Engineer3,740,000 KRW
Computer Hardware Engineer3,500,000 KRW
Computer Network Support Specialist4,120,000 KRW
Computer Networks Architect4,430,000 KRW
Computer Operator3,010,000 KRW
Computer Programmer4,340,000 KRW
Computer Security Specialist5,180,000 KRW
Computer Support Specialist3,320,000 KRW
Computer Technician3,240,000 KRW
Computer Virtualization Implementation Specialist4,520,000 KRW
Copy Editor3,580,000 KRW
Cosmos DB Specialist3,950,000 KRW
Couch DB Specialist4,280,000 KRW
CRM Application Administrator4,050,000 KRW
CRM Manager4,410,000 KRW
Cross Platform Security Manager6,050,000 KRW
Curam Developer3,430,000 KRW
Cyber Security Consultant4,910,000 KRW
Cyber Security Researcher5,290,000 KRW
Cyber Security Specialist5,220,000 KRW
Cybersecurity Analyst4,850,000 KRW
Cybersecurity Architect4,530,000 KRW
Cybersecurity Compliance Specialist4,100,000 KRW
Cybersecurity Engineer4,510,000 KRW
Cybersecurity Manager5,790,000 KRW
Dart Developer3,230,000 KRW
Data Analyst4,080,000 KRW
Data Analytics Engineer3,850,000 KRW
Data Architect4,500,000 KRW
Data Center Specialist4,310,000 KRW
Data Center Technician3,870,000 KRW
Data Entry Coordintor2,350,000 KRW
Data Entry Supervisor2,720,000 KRW
Data Governance Manager5,790,000 KRW
Data Management Specialist5,030,000 KRW
Data Manager5,420,000 KRW
Data Modeling Analyst4,350,000 KRW
Data Privacy and Protection Manager5,210,000 KRW
Data Quality Analyst4,140,000 KRW
Data Security Analyst4,430,000 KRW
Data Security Manager5,790,000 KRW
Data Technician2,630,000 KRW
Data Visualisation Analyst4,380,000 KRW
Data Visualization Specialist4,300,000 KRW
Data Warehousing Manager5,680,000 KRW
Data Warehousing Specialist3,990,000 KRW
Data-driven Designer3,860,000 KRW
Database Administration Manager5,520,000 KRW
Database Administrator4,250,000 KRW
Database Analyst4,560,000 KRW
Database Developer4,600,000 KRW
Database Report Writer3,980,000 KRW
Deep Learning Developer4,000,000 KRW
Delivery Manager4,250,000 KRW
Delphi Developer4,470,000 KRW
Desktop Support Engineer2,990,000 KRW
Desktop Support Technician3,070,000 KRW
Desktop Virtualization Engineer3,430,000 KRW
Developer / Programmer4,240,000 KRW
Developer Evangelist4,380,000 KRW
Development Architect4,010,000 KRW
Development Group Supervisor4,850,000 KRW
Development Manager6,140,000 KRW
DevOps Engineer4,490,000 KRW
Digital Ethics Consultant4,800,000 KRW
Digital Forensics Expert4,330,000 KRW
Director of Application Development6,110,000 KRW
Director of Technology7,210,000 KRW
Disaster Recovery Analyst4,090,000 KRW
Disaster Recovery Specialist4,150,000 KRW
Django Specialist4,030,000 KRW
Documentation Specialist3,860,000 KRW
Driver Developer4,670,000 KRW
E-Commerce Manager5,140,000 KRW
E-Commerce Marketing Analyst5,090,000 KRW
E-Commerce Marketing Manager5,180,000 KRW
E-Commerce Sales Manager5,580,000 KRW
E-Commerce Strategy Manager6,100,000 KRW
E-waste Recycling Specialist3,780,000 KRW
E-waste Technician3,210,000 KRW
Edge Computing Engineer3,980,000 KRW
Elixir Developer5,370,000 KRW
Embedded Software Developer4,380,000 KRW
Enterprise Architecture Manager5,210,000 KRW
Enterprise Infrastructure Architect5,730,000 KRW
Enterprise Infrastructure Manager6,590,000 KRW
Erlang Developer5,340,000 KRW
ERP / CRM Technical Consultant4,350,000 KRW
ERP Analyst4,440,000 KRW
ERP Project Manager5,960,000 KRW
Ethical Hacker3,980,000 KRW
Financial Systems Manager6,050,000 KRW
Firebird Specialist3,940,000 KRW
Flash Developer3,770,000 KRW
Front End Developer3,700,000 KRW
Front End Web Developer3,720,000 KRW
Full Stack Developer4,470,000 KRW
Functional Analyst4,340,000 KRW
Game Developer4,000,000 KRW
GIS Analyst3,900,000 KRW
GIS Developer4,100,000 KRW
Global BI Analyst4,460,000 KRW
Go Developer5,610,000 KRW
Google Cloud Specialist5,120,000 KRW
Graphical User Interface ( GUI ) Programmer3,570,000 KRW
Graphics Programmer3,800,000 KRW
Graphics Web Designer3,450,000 KRW
Groovy Developer4,870,000 KRW
Hardware Design Engineer4,180,000 KRW
Hardware Engineering Manager6,200,000 KRW
Hardware Technician3,460,000 KRW
Haskell Developer4,630,000 KRW
Head of Development6,140,000 KRW
Head of Information Technology7,490,000 KRW
Help Desk Analyst3,890,000 KRW
Help Desk Manager4,700,000 KRW
Help Desk Support2,970,000 KRW
Help Desk Technician2,940,000 KRW
Helpdesk Manager4,870,000 KRW
IBM DB2 Specialist3,890,000 KRW
Imaging Programmer3,700,000 KRW
InfluxDB Specialist3,870,000 KRW
Informatics Optimization Specialist4,500,000 KRW
Information Assurance Analyst4,410,000 KRW
Information Program Director5,900,000 KRW
Information Security Administrator4,860,000 KRW
Information Security Analyst5,180,000 KRW
Information Security Associate4,440,000 KRW
Information Security Director5,960,000 KRW
Information Security Engineer4,280,000 KRW
Information Security Manager6,530,000 KRW
Information Security Specialist5,010,000 KRW
Information Services Consultant5,170,000 KRW
Information Systems Developer4,010,000 KRW
Information Systems Manager6,260,000 KRW
Information Systems Penetration Testing Specialist4,820,000 KRW
Information Systems Vulnerability Assessment Specialist5,050,000 KRW
Information Technology Administrator3,370,000 KRW
Information Technology Analyst4,430,000 KRW
Information Technology Architect4,190,000 KRW
Information Technology Asset Manager5,920,000 KRW
Information Technology Business Analyst4,310,000 KRW
Information Technology Compliance Manager5,890,000 KRW
Information Technology Consultant5,340,000 KRW
Information Technology Coordinator3,520,000 KRW
Information Technology Director7,620,000 KRW
Information Technology Engineer3,550,000 KRW
Information Technology Executive6,120,000 KRW
Information Technology Helpdesk2,950,000 KRW
Information Technology Infrastructure Engineer3,600,000 KRW
Information Technology Manager7,000,000 KRW
Information Technology Operation Engineer3,670,000 KRW
Information Technology Operations Manager6,660,000 KRW
Information Technology Product Manager6,490,000 KRW
Information Technology Project Administrator3,510,000 KRW
Information Technology Project Coordinator4,590,000 KRW
Information Technology Project Leader4,960,000 KRW
Information Technology Project Manager6,570,000 KRW
Information Technology Quality Assurance Manager5,210,000 KRW
Information Technology Quality Assurance Team Lead (QA)4,660,000 KRW
Information Technology Quality Specialist4,290,000 KRW
Information Technology Risk Manager6,460,000 KRW
Information Technology Sales Manager5,770,000 KRW
Information Technology Specialist4,920,000 KRW
Information Technology Staff3,010,000 KRW
Information Technology Support3,000,000 KRW
Information Technology Systems Analyst4,640,000 KRW
Information Technology Team Leader5,140,000 KRW
Information Technology Trainer4,390,000 KRW
Information Technology Training Analyst4,540,000 KRW
Interface Design Manager5,500,000 KRW
Interface Designer3,350,000 KRW
IOS Developer4,620,000 KRW
Java Developer4,720,000 KRW
Javascript Developer4,340,000 KRW
jQuery Specialist4,290,000 KRW
Kotlin Developer5,080,000 KRW
Laravel Specialist4,220,000 KRW
Lead Developer4,850,000 KRW
Linux Administrator4,160,000 KRW
Lisp Developer5,290,000 KRW
Lotus Domino Administrator4,580,000 KRW
Lotus Notes Developer4,360,000 KRW
Lua Developer4,950,000 KRW
Mail Server Administrator3,920,000 KRW
Major Incident Manager4,950,000 KRW
Malware Analysis Expert4,790,000 KRW
Managed Service Specialist4,100,000 KRW
MariaDB Specialist4,370,000 KRW
MATLAB Developer4,370,000 KRW
Microsoft Azure Specialist4,880,000 KRW
Microsoft SQL Server Specialist4,590,000 KRW
Microsystems Engineer4,270,000 KRW
Mobile Developer4,190,000 KRW
Mobile Interface Designer4,370,000 KRW
MongoDB Specialist4,600,000 KRW
Multimedia Developer3,570,000 KRW
Multimedia Services Manager4,830,000 KRW
MySQL Specialist3,730,000 KRW
Neo4J Specialist4,110,000 KRW
Network Administration Team Lead5,200,000 KRW
Network Administrator3,810,000 KRW
Network Analyst3,770,000 KRW
Network and Infrastructure Manager6,420,000 KRW
Network Engineer3,740,000 KRW
Network Engineering Manager5,040,000 KRW
Network Security Systems Manager5,020,000 KRW
Network Specialist4,110,000 KRW
Network Support Engineer3,540,000 KRW
Network Support Specialist3,710,000 KRW
Network Technician3,360,000 KRW
Neural Network Engineer4,630,000 KRW
NextJs Specialist3,900,000 KRW
Nodejs Developer4,650,000 KRW
NT Systems Administrator3,990,000 KRW
Numerical Control Programmer3,520,000 KRW
Objective-C Developer4,740,000 KRW
Online Banking Manager6,650,000 KRW
Online Banking Specialist5,130,000 KRW
OPS Manager5,920,000 KRW
Oracle Database Administrator3,990,000 KRW
Oracle Database Specialist4,710,000 KRW
Oracle Developer4,520,000 KRW
Perl Developer3,580,000 KRW
PHP Developer3,870,000 KRW
PostgreSQL Specialist4,230,000 KRW
PowerShell Developer4,050,000 KRW
Principal Consultant4,260,000 KRW
Principal Data Engineer4,060,000 KRW
Program Lead5,030,000 KRW
Python Developer4,300,000 KRW
R Language Developer5,080,000 KRW
React Specialist4,530,000 KRW
Records Manager3,650,000 KRW
Redis Specialist3,870,000 KRW
Remedy Developer3,500,000 KRW
Reporting Analyst4,360,000 KRW
Reverse Engineering Expert4,910,000 KRW
Robotic Process Automation Compliance Analyst3,970,000 KRW
Robotic Process Automation Developer3,540,000 KRW
Ruby Developer3,770,000 KRW
Rust Developer5,160,000 KRW
Salesforce Administrator4,020,000 KRW
Salesforce Developer3,420,000 KRW
SAP Consultant4,690,000 KRW
SAS Programmer3,920,000 KRW
Scala Developer5,600,000 KRW
Scrum Master3,630,000 KRW
SEO Associate3,500,000 KRW
SEO Manager5,360,000 KRW
Server Virtualization Consultant5,470,000 KRW
Service Delivery Manager5,260,000 KRW
Service Level Manager5,700,000 KRW
Service Support Lead4,160,000 KRW
SharePoint Administrator4,180,000 KRW
Sharepoint Consultant4,470,000 KRW
Sharepoint Developer4,690,000 KRW
Shift Leader4,550,000 KRW
Snowflake Specialist4,310,000 KRW
SOA Analyst4,350,000 KRW
SOC Engineer4,080,000 KRW
Software Analyst4,180,000 KRW
Software Architect4,200,000 KRW
Software Automation Engineer4,690,000 KRW
Software Developer4,440,000 KRW
Software Development Manager5,880,000 KRW
Software Engineer4,400,000 KRW
Software QA Engineer3,830,000 KRW
Software Sales3,970,000 KRW
Software Specialist3,920,000 KRW
Software Support Engineer3,400,000 KRW
Software Test Engineer3,740,000 KRW
Software Tester3,510,000 KRW
Solutions Architect5,960,000 KRW
Solutions Consultant4,780,000 KRW
SQLite Specialist4,070,000 KRW
Storage Engineer3,610,000 KRW
Supabase Specialist3,390,000 KRW
Supervisor2,950,000 KRW
Support Analyst3,970,000 KRW
Support Specialist4,140,000 KRW
Support Team Leader3,880,000 KRW
Swift Developer4,950,000 KRW
System Administrator3,730,000 KRW
Systems Analyst4,010,000 KRW
Systems Architect4,250,000 KRW
Systems Consultant5,330,000 KRW
Systems Engineer3,620,000 KRW
Systems Integration Analyst4,180,000 KRW
Systems Integration Specialist6,320,000 KRW
Systems Integrator4,080,000 KRW
Technical Analyst3,800,000 KRW
Technical Consultant4,700,000 KRW
Technical Manager4,390,000 KRW
Technical Project Manager5,590,000 KRW
Technical Sales3,980,000 KRW
Technical Trainer4,340,000 KRW
Technical Writer3,910,000 KRW
Technology Business Analyst4,520,000 KRW
Technology Director7,440,000 KRW
Technology Specialist5,360,000 KRW
Technology Vice President5,610,000 KRW
Teradata Developer3,630,000 KRW
Test Analyst3,960,000 KRW
Tester3,450,000 KRW
Testing Manager5,380,000 KRW
TIBCO Developer3,480,000 KRW
TypeScript Developer4,730,000 KRW
UI Engineer4,150,000 KRW
UNIX Administrator4,300,000 KRW
Usability Engineer4,260,000 KRW
User Experience Consultant4,470,000 KRW
User Experience Design Expert4,370,000 KRW
User Experience Designer3,890,000 KRW
User Experience Researcher4,550,000 KRW
User Interface Designer4,260,000 KRW
User Support Engineer3,450,000 KRW
VB Developer3,140,000 KRW
VB.NET Developer4,300,000 KRW
Video Game Designer3,600,000 KRW
Virtual / Augmented Reality Architect4,970,000 KRW
Virtual / Augmented Reality Compliance Specialist5,020,000 KRW
Virtual / Augmented Reality Consultant5,860,000 KRW
Virtual / Augmented Reality Designer5,530,000 KRW
Virtual / Augmented Reality Developer5,040,000 KRW
Virtual / Augmented Reality Director5,650,000 KRW
Virtual / Augmented Reality Engineer4,940,000 KRW
Virtual / Augmented Reality Filmmaker5,770,000 KRW
Virtual / Augmented Reality Game Developer5,240,000 KRW
Virtual / Augmented Reality Marketing Specialist5,200,000 KRW
Virtual / Augmented Reality Officer6,100,000 KRW
Virtual / Augmented reality Sales Consultant5,960,000 KRW
Virtual / Augmented Reality Simulator Operator4,430,000 KRW
Virtual / Augmented Reality Specialist5,080,000 KRW
Virtual / Augmented Reality Technician4,480,000 KRW
Virtual / Augmented Reality Trainer5,850,000 KRW
Virtual / Augmented Reality User Experience Designer4,660,000 KRW
Visual Basic Developer3,450,000 KRW
Visual Information Specialist3,820,000 KRW
Voice Interface Designer3,350,000 KRW
VueJs Specialist4,250,000 KRW
Web Applications Manager5,130,000 KRW
Web Content Specialist4,600,000 KRW
Web Designer3,590,000 KRW
Web Developer3,760,000 KRW
Web Editor3,610,000 KRW
Web Project Manager4,980,000 KRW
Web Promotions Specialist4,000,000 KRW
Web Security Administrator4,310,000 KRW
Web Security Manager6,420,000 KRW
Web Support Analyst3,230,000 KRW
Web Writer3,260,000 KRW
Webmaster3,540,000 KRW
Windows System Administrator3,980,000 KRW
Wireless Consultant5,140,000 KRW
WordPress Specialist4,070,000 KRW
Writer and Documentor3,850,000 KRW
Zig Developer5,340,000 KRW


Information Technology Jobs Pay Scale and Salaries in Seoul

Median and salary distribution Seoul Information Technology monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
4,050,000 KRW or more
10% of people earn
3,580,000 to 4,050,000 KRW
20% of people earn
2,550,000 KRW or less
65% of people earn
2,550,000 to 3,580,000 KRW
Minimum Salary
2,270,000
KRW
Median
3,990,000
KRW
Maximum
7,140,000
KRW




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Information Technology in Seoul range from 2,270,000 KRW (starting average salary) to 7,140,000 KRW (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Information Technology is 3,990,000 KRW, implying that half of the workforce in Seoul earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Information Technology in Seoul earn less than 3,290,000 KRW, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 4,570,000 KRW, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Information Technology in Seoul. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2,550,000 KRW to 3,580,000 KRW. Approximately 20% of salaries were below the 2,550,000 KRW mark, while 10% ranged from 3,580,000 KRW to 4,050,000 KRW. Only 5% of individuals earned a gross salary of 4,050,000 KRW or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Information Technology in Seoul having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
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.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Information Technology in Seoul, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Korea (South) costs anywhere from 19,500,000 KRW to 58,500,000 KRW and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Information Technology / Seoul

Salary comparison by gender Korea (South) Information Technology monthly
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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? In the field of Information Technology in Korea (South), the average difference between the salary of male and female employees is 6%.

Male
4,110,000 KRW
Female-6%
3,880,000 KRW
Percentage increase and decrease are relative to the previous value

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

Salary comparison by gender monthly Korea (South)
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Average Annual Salary Increment Percentage / Information Technology / Seoul

How much are annual salary increments in Seoul for individuals working in Information Technology? How often do employees get salary raises?

Professionals working in Information Technology in Korea (South) are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate Korea (South) Information Technology
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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 (South) / All Professions

Annual Salary Increment Rate Korea (South)
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 (South) is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Information Technology / Korea (South)

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Korea (South) Information Technology
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100% of surveyed staff in Information Technology reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

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

Received Bonus
%
No Bonus
100%

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.

Hourly Average Wage / Information Technology / Seoul


25,900 KRW per hour

The average hourly wage (pay per hour) in Information Technology in Seoul is 25,900 KRW.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Information Technology in Seoul is 13,100 KRW. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Bucheon3,710,000 KRW
Busan4,420,000 KRW
Daegu4,260,000 KRW
Daejeon4,180,000 KRW
Goyang3,870,000 KRW
Gwangju4,110,000 KRW
Incheon4,340,000 KRW
Seongnam3,780,000 KRW
Seoul4,490,000 KRW
Suweon4,030,000 KRW
Ulsan3,950,000 KRW

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Korea (South) is 6% on average across all career fields.

Private Sector
3,780,000 KRW
Public Sector+6%
4,000,000 KRW
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Information Technology in Seoul?

A good and competitive compensation would range anywhere between 3,990,000 KRW and 4,570,000 KRW. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Information Technology in Seoul ranges from 2,270,000 KRW to 3,290,000 KRW. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


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

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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