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Surgeon - Orthopedic Average Salary in Korea (North) 2021

How much money does a Surgeon - Orthopedic make in Korea (North)?


Average Monthly Salary
851,000 KPW
( 10,200,000 KPW yearly)

LOW
451,000
KPW
AVERAGE
851,000
KPW
HIGH
1,290,000
KPW

A person working as a Surgeon - Orthopedic in Korea (North) typically earns around 851,000 KPW per month. Salaries range from 451,000 KPW (lowest) to 1,290,000 KPW (highest).

This is the average monthly salary including housing, transport, and other benefits. Surgeon - Orthopedic salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Surgeon - Orthopedic Salary Distribution in Korea (North)

Median and salary distribution monthly Korea (North) Surgeon - Orthopedic
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The median, the maximum, the minimum, and the range

  • Salary Range

    Surgeon - Orthopedic salaries in Korea (North) range from 451,000 KPW per month (minimum salary) to 1,290,000 KPW per month (maximum salary).

  • Median Salary

    The median salary is 799,000 KPW per month, which means that half (50%) of people working as Surgeon - Orthopedic(s) are earning less than 799,000 KPW while the other half are earning more than 799,000 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

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Surgeon - Orthopedic(s) are earning less than 563,000 KPW while 75% of them are earning more than 563,000 KPW. Also from the diagram, 75% of Surgeon - Orthopedic(s) are earning less than 983,000 KPW while 25% are earning more than 983,000 KPW.


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

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

Surgeon - Orthopedic Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Korea (North) Surgeon - Orthopedic
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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 Surgeon - Orthopedic salaries by experience level and this is what we found.

A Surgeon - Orthopedic with less than two years of experience makes approximately 518,000 KPW per month.

While someone with an experience level between two and five years is expected to earn 636,000 KPW per month, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 901,000 KPW per month, 42% more than someone with two to five years of experience.

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.

Additionally, Surgeon - Orthopedic(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,050,000 KPW per month, 17% 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 1,160,000 KPW per month, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 1,230,000 KPW per month, 6% more than people with fifteen to twenty years of experience.


Surgeon - Orthopedic average salary change by experience in Korea (North)

0 - 2 Years
518,000 KPW
2 - 5 Years+23%
636,000 KPW
5 - 10 Years+42%
901,000 KPW
10 - 15 Years+17%
1,050,000 KPW
15 - 20 Years+10%
1,160,000 KPW
20+ Years+6%
1,230,000 KPW
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Surgeon - Orthopedic Salary Comparison By Gender

Salary comparison by gender monthly Korea (North) Surgeon - Orthopedic
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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? Male Surgeon - Orthopedic employees in Korea (North) earn 14% more than their female counterparts on average.

Male
893,000 KPW
Female-12%
782,000 KPW
Percentage increase and decrease are relative to the previous value

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

Salary comparison by gender monthly Korea (North)
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Surgeon - Orthopedic Average Annual Salary Increment Percentage in Korea (North)

How much are annual salary increments in Korea (North) for Surgeon - Orthopedic(s)? How often do employees get salary raises?

Surgeon - Orthopedic

Surgeon - Orthopedic(s) in Korea (North) are likely to observe a salary increase of approximately 10% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Korea (North) Surgeon - Orthopedic
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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 (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

The average salary increase in one year (12 months) in Korea (North) is 2%.

Annual Increment Rate By Industry 2020

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

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.


Worldwide Salary Raises: All Countries and All Jobs

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Surgeon - Orthopedic Bonus and Incentive Rates in Korea (North)

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Korea (North) Surgeon - Orthopedic
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A Surgeon - Orthopedic is considered to be a high 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.

33% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 67% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
67%
No Bonus
33%

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.

Surgeon - Orthopedic Average Hourly Wage in Korea (North)


4,910 KPW per hour

The average hourly wage (pay per hour) in Korea (North) is 4,910 KPW. This means that the average Surgeon - Orthopedic in Korea (North) earns approximately 4,910 KPW for every worked hour.


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

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.

Surgeon - Orthopedic VS Other Jobs

Salary Comparison Between Surgeon - Orthopedic and Health and Medical monthly Korea (North)
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The average salary for Surgeon - Orthopedic is 52% more than that of Surgery. Also, Surgery salaries are 92% more than those of Health and Medical.

Salary comparison with similar jobs

Job TitleAverage Salary
Chief of Surgery870,000 KPW+2%
Oral Surgeon604,000 KPW-29%
Perioperative Aide200,000 KPW-76%
Surgeon629,000 KPW-26%
Surgeon - Burn612,000 KPW-28%
Surgeon - Cardiothoracic852,000 KPW+0%
Surgeon - Heart Transplant941,000 KPW+11%
Surgeon - Neurology743,000 KPW-13%
Surgeon - Orthopedic851,000 KPW+0%
Surgeon - Pediatric689,000 KPW-19%
Surgeon - Plastic Reconstructive811,000 KPW-5%
Surgeon - Trauma657,000 KPW-23%
Surgical Assistant211,000 KPW-75%
Surgical Instrument Techncian199,000 KPW-77%
Surgical Technologist210,000 KPW-75%

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.

Private Sector
186,000 KPW
Public Sector+7%
200,000 KPW
Percentage increase and decrease are relative to the previous value

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