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Factory and Manufacturing Average Salaries in Korea (South) 2024

How much money does a person working in Factory and Manufacturing make in Korea (South)?

Average Monthly Salary
2,710,000 KRW
( 32,500,000 KRW yearly)

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 Factory and Manufacturing in Korea (South) typically earns around 2,710,000 KRW. Salaries range from 983,000 KRW (lowest average) to 6,650,000 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 Factory and Manufacturing domain in Korea (South) 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
Factory and Manufacturing
3D Printing Technician2,560,000 KRW
Additive Manufacturing Engineer3,220,000 KRW
Assembly Foreman1,060,000 KRW
Assembly Line Worker1,070,000 KRW
Assembly Supervisor1,630,000 KRW
Assistance Maintenance Manager4,040,000 KRW
Assistant Shipping Manager3,670,000 KRW
Automation Process Analyst2,520,000 KRW
Chemical Equipment Controller2,540,000 KRW
Chemical Technican Apprentice2,190,000 KRW
CNC Machinist2,560,000 KRW
CNC Operator2,470,000 KRW
CNC Programmer2,660,000 KRW
Colour Technologist1,370,000 KRW
Contracts Manager4,600,000 KRW
Data Collection Coordinator1,770,000 KRW
Demand Planner1,680,000 KRW
Derrick Operator1,090,000 KRW
Digital Twin Engineer3,150,000 KRW
Director of Manufacturing6,870,000 KRW
Dock Worker1,010,000 KRW
Drying Technician1,100,000 KRW
Equipment Operator1,020,000 KRW
Export Sales Coordinator3,440,000 KRW
Factory Superintendent1,820,000 KRW
Factory Worker1,230,000 KRW
Failure Analysis Technician1,810,000 KRW
Fiberglass Laminator1,150,000 KRW
Food Technologist2,020,000 KRW
Forklift Driver1,190,000 KRW
Forklift Operator1,140,000 KRW
Forming Machine Operator1,240,000 KRW
Furnace Operator1,080,000 KRW
Gas Appliance Repairer1,160,000 KRW
General Warehouse Associate1,920,000 KRW
Green Product Designer3,050,000 KRW
Heavy Equipment Operator1,450,000 KRW
HSE Manager4,750,000 KRW
Industrial Cybersecurity Specialist3,700,000 KRW
Industrial Engineer3,600,000 KRW
Industrial Machinery Mechanic2,180,000 KRW
Industrial Production Manager6,270,000 KRW
Industrial Safety and Health Engineer3,480,000 KRW
Intake Operator1,430,000 KRW
Key Account Manager5,510,000 KRW
Lean Manufacturing Specialist3,770,000 KRW
Lift Truck Operator1,100,000 KRW
Loading Supervisor2,070,000 KRW
Logistic Coordinator2,780,000 KRW
Logistics Clerk1,420,000 KRW
Machine Operator1,110,000 KRW
Machinist1,140,000 KRW
Maintenance Manager4,520,000 KRW
Maintenance Store Clerk1,180,000 KRW
Manufacturing Engineer3,530,000 KRW
Manufacturing Engineering Manager5,570,000 KRW
Manufacturing Engineering Technologist4,190,000 KRW
Manufacturing Manager6,250,000 KRW
Manufacturing Operative1,900,000 KRW
Manufacturing Production Technician1,510,000 KRW
Manufacturing Supervisor2,980,000 KRW
Manufacturing Technician1,380,000 KRW
Materials Manager4,980,000 KRW
Materials Supervisor3,260,000 KRW
Mechanical Fitter Engineer3,800,000 KRW
Mechanical Foreman1,060,000 KRW
Merchandise Planner1,900,000 KRW
Metrology Engineer3,410,000 KRW
Operations Engineer3,260,000 KRW
Operations Manager5,670,000 KRW
Order Management Coordinator2,790,000 KRW
Order Processing Manager4,680,000 KRW
Order Selector1,350,000 KRW
Package Handler1,090,000 KRW
Packaging Manager3,540,000 KRW
Packer1,160,000 KRW
Packing Deputy Supervisor2,850,000 KRW
Planning Manager4,930,000 KRW
Plant Manager5,900,000 KRW
Precision Instrument Repairer1,650,000 KRW
Predictive Maintenance Analyst3,450,000 KRW
Process Technician1,460,000 KRW
Product Manager5,700,000 KRW
Production Analyst5,130,000 KRW
Production Director6,800,000 KRW
Production Engineer3,840,000 KRW
Production Engineering Supervisor5,150,000 KRW
Production Inspector4,080,000 KRW
Production Laborer979,000 KRW
Production Manager6,390,000 KRW
Production Operator1,540,000 KRW
Production Scheduler2,790,000 KRW
Production Supervisor3,640,000 KRW
Production Technician1,600,000 KRW
Production Worker1,420,000 KRW
Quality Control Analyst4,600,000 KRW
Quality Control Inspector3,820,000 KRW
Quality Control Manager5,200,000 KRW
Service Technician1,470,000 KRW
SHEQ Officer1,710,000 KRW
Shipping Manager5,280,000 KRW
Small Engine Mechanic2,040,000 KRW
Smart Factory Consultant4,240,000 KRW
Spray Painter1,180,000 KRW
Sterile Processing Technician1,310,000 KRW
Structural Welder1,040,000 KRW
Supply Chain Operative3,070,000 KRW
Sustainable Manufacturing Specialist4,680,000 KRW
Technical Operator1,450,000 KRW
Technology Development Manager6,410,000 KRW
Testing Technician2,640,000 KRW
Toolmaker1,720,000 KRW
Warehouse Forklift Operator1,210,000 KRW
Warehouse Operative1,210,000 KRW
Warehouse Worker1,230,000 KRW
Warranty Handler2,190,000 KRW
Welder1,070,000 KRW
Workshop Manager4,190,000 KRW

Factory and Manufacturing Jobs Pay Scale and Salaries in Korea (South)

Median and salary distribution Korea (South) Factory and Manufacturing monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
3,380,000 KRW or more
10% of people earn
2,790,000 to 3,380,000 KRW
20% of people earn
1,490,000 KRW or less
65% of people earn
1,490,000 to 2,790,000 KRW
Minimum Salary

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 Factory and Manufacturing in Korea (South) range from 983,000 KRW (starting average salary) to 6,650,000 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 Factory and Manufacturing is 2,550,000 KRW, implying that half of the workforce in Korea (South) 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 Factory and Manufacturing in Korea (South) earn less than 1,960,000 KRW, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 3,230,000 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 Factory and Manufacturing in Korea (South). The analysis revealed that roughly 65% of all reported salaries fell within the range of 1,490,000 KRW to 2,790,000 KRW. Approximately 20% of salaries were below the 1,490,000 KRW mark, while 10% ranged from 2,790,000 KRW to 3,380,000 KRW. Only 5% of individuals earned a gross salary of 3,380,000 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 Factory and Manufacturing in Korea (South) 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 Factory and Manufacturing in Korea (South), 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 / Factory and Manufacturing / Korea (South)

Salary comparison by gender Korea (South) Factory and Manufacturing 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 Factory and Manufacturing in Korea (South), the average difference between the salary of male and female employees is 8%.

2,820,000 KRW
2,610,000 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 / Factory and Manufacturing / Korea (South)

How much are annual salary increments in Korea (South) for individuals working in Factory and Manufacturing? How often do employees get salary raises?

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

Annual Salary Increment Rate Korea (South) Factory and Manufacturing
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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 / Factory and Manufacturing / Korea (South)

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Korea (South) Factory and Manufacturing
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68% of surveyed staff in Factory and Manufacturing reported that they haven't received any bonuses or incentives in the previous year while 32% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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 / Factory and Manufacturing / Korea (South)

15,600 KRW per hour

The average hourly wage (pay per hour) in Factory and Manufacturing in Korea (South) is 15,600 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 Factory and Manufacturing in Korea (South) is 5,670 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
Bucheon2,510,000 KRW
Busan2,990,000 KRW
Daegu2,890,000 KRW
Daejeon2,830,000 KRW
Goyang2,620,000 KRW
Gwangju2,780,000 KRW
Incheon2,940,000 KRW
Seongnam2,560,000 KRW
Seoul3,040,000 KRW
Suweon2,730,000 KRW
Ulsan2,680,000 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 Factory and Manufacturing in Korea (South)?

A good and competitive compensation would range anywhere between 2,550,000 KRW and 3,230,000 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 Factory and Manufacturing in Korea (South) ranges from 983,000 KRW to 1,960,000 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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