SAP Consultant Average Salary in Korea (North) 2023

How much money does a person working as SAP Consultant make in Korea (North)?

Average Monthly Salary

201,000 KPW

( 2,410,000 KPW yearly)

LOW
96,300
KPW AVERAGE
201,000
KPW HIGH
315,000
KPW

SAP Consultant Pay Scale and Salaries in Korea (North)

Salary Structure and Pay Scale Comparison

5% of people earn
188,000 KPW or more

10% of people earn
165,000 to 188,000 KPW

20% of people earn
116,000 KPW or less

65% of people earn
116,000 to 165,000 KPW

Minimum Salary 96,300 KPW

Median 189,000 KPW

Maximum 315,000 KPW

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

• Salary Range, Minimum Wage, and Starting Salary

  Salaries for the position SAP Consultant in Korea (North) range from 96,300 KPW (starting salary) to 315,000 KPW (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

• Median Salary

  With a median salary of 189,000 KPW, half of the professionals who work as SAP Consultant in Korea (North) earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

• Percentiles and Salary Scale

  The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as SAP Consultant in Korea (North) earn less than 154,000 KPW, while 75% earn more. Similarly, the chart shows that 75% earn less than 216,000 KPW while 25% earn more.

• Pay Scale Structure

  To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title SAP Consultant in Korea (North) compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 116,000 KPW to 165,000 KPW. About 20% of salaries are below the 116,000 KPW mark, while 10% fall within the range of 165,000 KPW to 188,000 KPW. Only 5% of individuals have salaries exceeding 188,000 KPW.

Salary Comparison by Years of Experience / SAP Consultant / Korea (North)

How do experience and age affect pay?

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as SAP Consultant and this is what we found.

Employees with less than two years of experience earn approximately 113,000 KPW.

While someone with an experience level between two and five years is expected to earn 160,000 KPW, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 210,000 KPW, 31% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 258,000 KPW, 23% 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 275,000 KPW, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 301,000 KPW, 10% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary Comparison By Education / SAP Consultant / Korea (North)

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as SAP Consultant.

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 salaries by education level for the position SAP Consultant in order to make a comparison.

Level 1: Certificate or Diploma

Employees at this education level have an average salary of 140,000 KPW.

Level 2: Bachelor's Degree

At this level, the average salary becomes 223,000 KPW, 59% more than the previous level.

Level 3: Master's Degree

At this level, the average salary becomes 298,000 KPW, 33% more than the previous level.

Typical Salary Difference by Education for Most Careers

Salary and Compensation Comparison By Gender / SAP Consultant / Korea (North)

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as SAP Consultant in Korea (North), the average difference between the salary of male and female employees is 9%.

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

Average Annual Salary Increment Percentage / SAP Consultant / Korea (North)

How much are annual salary increments in Korea (North) for individuals working as SAP Consultant? How often do employees get salary raises?

Individuals working as SAP Consultant 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 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

Annual Increment Rate By Industry 2022

Listed above are the average annual increase rates for each industry in Korea (North) for the year 2022. 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

Bonus and Incentive Rates / SAP Consultant / Korea (North)

How much and how often are bonuses being awarded?

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61% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 39% 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		39%
No Bonus		61%

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.

Salary Trend and Forecast / SAP Consultant / Korea (North)

How are salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salaries for individuals working as SAP Consultant in Korea (North) are on the rise in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.

Average Hourly Wage / SAP Consultant / Korea (North)

1,160 KPW per hour

The average hourly wage (pay per hour) for individuals working as SAP Consultant in Korea (North) is 1,160 KPW.This is the rate they get paid for every worked hour.

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 as SAP Consultant in Korea (North) is 560 KPW. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

SAP Consultant VS Other Jobs

Salary comparison with similar jobs

Advertising Account Planner	178,000 KPW	-11%
Application Consultant	243,000 KPW	+21%
Business Process Consultant	199,000 KPW	-1%
ERP / CRM Technical Consultant	202,000 KPW	+1%
Information Program Director	263,000 KPW	+31%
Information Services Consultant	235,000 KPW	+17%
Information Technology Consultant	229,000 KPW	+14%
SAP Consultant	201,000 KPW	+0%
Sharepoint Consultant	195,000 KPW	-3%
Systems Consultant	238,000 KPW	+19%
Technical Consultant	227,000 KPW	+13%
Test Analyst	180,000 KPW	-10%
Testing Manager	255,000 KPW	+27%

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 (North) is 7% on average across all career fields.

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title SAP Consultant in Korea (North)?

A good and competitive compensation would range anywhere between 189,000 KPW and 216,000 KPW. 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 a careers like SAP Consultant in Korea (North) ranges from 154,000 KPW to 216,000 KPW. 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.