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Media Production Manager Average Salary in Korea (South) 2021

How much money does a Media Production Manager make in Korea (South)?


Average Monthly Salary
5,350,000 KRW
( 64,200,000 KRW yearly)

LOW
2,460,000
KRW
AVERAGE
5,350,000
KRW
HIGH
8,500,000
KRW

A person working as a Media Production Manager in Korea (South) typically earns around 5,350,000 KRW per month. Salaries range from 2,460,000 KRW (lowest) to 8,500,000 KRW (highest).

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

Media Production Manager Salary Distribution in Korea (South)

Median and salary distribution monthly Korea (South) Media Production Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Media Production Manager salaries in Korea (South) range from 2,460,000 KRW per month (minimum salary) to 8,500,000 KRW per month (maximum salary).

  • Median Salary

    The median salary is 5,770,000 KRW per month, which means that half (50%) of people working as Media Production Manager(s) are earning less than 5,770,000 KRW while the other half are earning more than 5,770,000 KRW. 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 Media Production Manager(s) are earning less than 3,700,000 KRW while 75% of them are earning more than 3,700,000 KRW. Also from the diagram, 75% of Media Production Manager(s) are earning less than 7,710,000 KRW while 25% are earning more than 7,710,000 KRW.


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

Media Production Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Korea (South) Media Production Manager
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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 Media Production Manager salaries by experience level and this is what we found.

A Media Production Manager with less than two years of experience makes approximately 2,790,000 KRW per month.

While someone with an experience level between two and five years is expected to earn 3,730,000 KRW per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 5,510,000 KRW per month, 48% 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, Media Production Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 6,720,000 KRW per month, 22% 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 7,320,000 KRW per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 7,930,000 KRW per month, 8% more than people with fifteen to twenty years of experience.


Media Production Manager average salary change by experience in Korea (South)

0 - 2 Years
2,790,000 KRW
2 - 5 Years+34%
3,730,000 KRW
5 - 10 Years+48%
5,510,000 KRW
10 - 15 Years+22%
6,720,000 KRW
15 - 20 Years+9%
7,320,000 KRW
20+ Years+8%
7,930,000 KRW
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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Media Production Manager Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Korea (South) Media Production Manager
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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 Media Production Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Media Production Manager is 3,430,000 KRW per month.

While someone with a Certificate or Diploma gets a salary of 4,030,000 KRW per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 5,840,000 KRW per month, 45% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 7,650,000 KRW per month, 31% more than someone with Bachelor's Degree.


Media Production Manager average salary difference by education level in Korea (South)

High School
3,430,000 KRW
Certificate or Diploma+18%
4,030,000 KRW
Bachelor's Degree+45%
5,840,000 KRW
Master's Degree+31%
7,650,000 KRW
Percentage increase and decrease are relative to the previous value

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 19,400,000 South Korean Won(s) to 58,300,000 South Korean Won(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you 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 into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Media Production Manager Salary Comparison By Gender

Salary comparison by gender monthly Korea (South) Media Production Manager
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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 Media Production Manager employees in Korea (South) earn 8% more than their female counterparts on average.

Male
5,550,000 KRW
Female-7%
5,140,000 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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Media Production Manager Average Annual Salary Increment Percentage in Korea (South)

How much are annual salary increments in Korea (South) for Media Production Manager(s)? How often do employees get salary raises?

Media Production Manager

Media Production Manager(s) in Korea (South) are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate Korea (South) Media Production Manager
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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

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 (South) is 7%.

Annual Increment Rate By Industry 2020

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Listed above are the average annual increase rates for each industry in Korea (South) 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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Media Production Manager Bonus and Incentive Rates in Korea (South)

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Korea (South) Media Production Manager
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A Media Production Manager 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.

15% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 85% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
85%
No Bonus
15%

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.

Media Production Manager Average Hourly Wage in Korea (South)


30,800 KRW per hour

The average hourly wage (pay per hour) in Korea (South) is 30,800 KRW. This means that the average Media Production Manager in Korea (South) earns approximately 30,800 KRW 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.

Media Production Manager VS Other Jobs

Salary Comparison Between Media Production Manager and Advertising / Grapic Design / Events monthly Korea (South)
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The average salary for Media Production Manager is 46% more than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Advertising Account Executive4,600,000 KRW-14%
Advertising Account Manager4,920,000 KRW-8%
Advertising Account Planner2,510,000 KRW-53%
Advertising Coordinator3,120,000 KRW-42%
Advertising Manager6,390,000 KRW+20%
Advertising Operations Manager6,890,000 KRW+29%
Advertising Strategic Planner4,440,000 KRW-17%
Advertising Team Leader3,830,000 KRW-28%
Animator2,950,000 KRW-45%
Art Director4,110,000 KRW-23%
Artist3,230,000 KRW-40%
Artworker2,310,000 KRW-57%
Assistant Art Director2,970,000 KRW-44%
Audiosual Technician2,330,000 KRW-56%
Broadcast Administrator4,230,000 KRW-21%
Catering Sales2,640,000 KRW-51%
Catering Trainer3,110,000 KRW-42%
Commercial and Industrial Designer2,470,000 KRW-54%
Conference Organiser2,960,000 KRW-45%
Content and Media Production Lead4,350,000 KRW-19%
CopyWriter2,760,000 KRW-48%
Creative Designer3,100,000 KRW-42%
Creative Director4,100,000 KRW-23%
Designer 2,210,000 KRW-59%
Desktop Publisher1,890,000 KRW-65%
Director of Graphic Design3,590,000 KRW-33%
Events and Promotions Manager6,250,000 KRW+17%
Exhibit Display Coordinator2,990,000 KRW-44%
Exhibit Display Manager4,050,000 KRW-24%
Finisher2,020,000 KRW-62%
Graphic Artist2,500,000 KRW-53%
Graphic Designer2,540,000 KRW-52%
Graphics Design Supervisor3,380,000 KRW-37%
Imagery Analyst2,410,000 KRW-55%
Imaging Technologist2,440,000 KRW-54%
Interaction Designer2,140,000 KRW-60%
Media Planner3,370,000 KRW-37%
Media Production Coordinator2,930,000 KRW-45%
Media Production Manager5,350,000 KRW+0%
Media Project Manager5,250,000 KRW-2%
Media Relations Representative4,320,000 KRW-19%
Media Sales Executive5,350,000 KRW+0%
Multimedia Specialist2,440,000 KRW-54%
Photographer2,300,000 KRW-57%
PPC Campaign Manager4,240,000 KRW-21%
Print Production Manager4,590,000 KRW-14%
Product and Brand Manager6,060,000 KRW+13%
Sales Promotion Manager6,260,000 KRW+17%
Sketch Artist2,870,000 KRW-46%
Social Media Executive5,290,000 KRW-1%
Technical Typist1,740,000 KRW-67%
User Experience UX Designer2,850,000 KRW-47%
UX Designer2,380,000 KRW-55%

Salary Comparison By City

CityAverage Salary
Bucheon5,010,000 KRW
Busan5,770,000 KRW
Daegu5,670,000 KRW
Daejeon5,340,000 KRW
Goyang4,920,000 KRW
Gwangju5,560,000 KRW
Incheon5,440,000 KRW
Seongnam4,720,000 KRW
Seoul6,120,000 KRW
Suweon5,240,000 KRW
Ulsan5,240,000 KRW

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 (South) earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
3,770,000 KRW
Public Sector+6%
3,990,000 KRW
Percentage increase and decrease are relative to the previous value

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