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

  SAP Consultant salaries in Korea (North) range from 96,300 KPW per month (starting salary) to 315,000 KPW per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

• Median Salary

  The median salary is 189,000 KPW per month, which means that half (50%) of people working as SAP Consultant(s) are earning less than 189,000 KPW while the other half are earning more than 189,000 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 and Salary Scale

  Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of SAP Consultant(s) are earning less than 154,000 KPW while 75% of them are earning more than 154,000 KPW. Also from the diagram, 75% of SAP Consultant(s) are earning less than 216,000 KPW while 25% are earning more than 216,000 KPW.

• Pay Scale Structure

  We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 116,000 KPW to 165,000 KPW. Approximatly 20% fall under the 116,000 KPW cap. Ten percent of wages are from 165,000 KPW to 188,000 KPW. Only 5% of people grossed 188,000 KPW or more.

SAP Consultant Salary Comparison by Years of Experience

How does experience and age affect your pay?

SAP Consultant average salary change by experience in Korea (North)

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 SAP Consultant salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 113,000 KPW per month.

While someone with an experience level between two and five years is expected to earn 160,000 KPW per month, 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 per month, 31% more than someone with two to five years of experience.

Additionally, SAP Consultant whose expertise span anywhere between ten and fifteen years get a salary equivalent to 258,000 KPW per month, 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 per month, 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 per month, 10% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

SAP Consultant Salary Comparison By Education

How do education levels affect salaries?

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

SAP Consultant average salary difference by education level in Korea (North)

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

When the education level is Certificate or Diploma, the average salary is 140,000 KPW per month.

While someone with a Bachelor's Degree gets a salary of 223,000 KPW per month, 59% more than someone having a Certificate or Diploma degree.

People with Master's Degree have an average salary of 298,000 KPW per month, 33% more than someone with a Bachelor's Degree.

Typical Salary Difference by Education for Most Careers

Salary and Compensation Comparison By Gender - SAP Consultant

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male SAP Consultant employees in Korea (North) earn 9% more than their female counterparts on average.

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

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

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

SAP Consultant

SAP Consultant(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 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

SAP Consultant 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)/information-technology/it-consultancy/sap-consultant/annual-salary-bonus-rate-korea-(north)-sap-consultant.jpg

"SAP Consultant" is considered to be a moderate bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

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.

SAP Consultant Salary Trend and Forecast in Korea (North)

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

SAP Consultant salaries in Korea (North) are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 3% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

SAP Consultant Average Hourly Wage in Korea (North)

1,160 KPW per hour

The average hourly wage (pay per hour) in Korea (North) is 1,160 KPW. This means that the average SAP Consultant in Korea (North) earns approximately 1,160 KPW 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 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for '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

The average salary for SAP Consultant is 4% less than that of IT Consultancy. Also, IT Consultancy salaries are 8% more than those of Information Technology.

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 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.

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for 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 and your experience and education will play a very huge part into your 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 salart after tax for every career.

Base / Basic Salary

The base salary for SAP Consultant in Korea (North) is 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 in a grain of salt.