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Korea Minimum Wage 2027

Monthly pay at Korea's 2027 minimum wage for common part-time schedules, compared with 2026.

Korea's 2027 minimum wage: ₩10,700 per hour
Up ₩380 (3.7%) from ₩10,320 in 2026 · effective 1 January 2027 · ₩2,236,300 per month at 40 h/week (209 paid hours)
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Minimum wage by year

YearHourlyChangeMonthly (209 h)
2025₩10,030—₩2,096,270
2026₩10,320+₩290 (2.9%)₩2,156,880
2027₩10,700+₩380 (3.7%)₩2,236,300

The monthly figure assumes 40 working hours plus 8 hours of paid weekly holiday, spread over an average month of 4.345 weeks — 209 paid hours. Source: Ministry of Employment and Labor notice for 2027.

Monthly pay by weekly hours

WeeklyPaid hours / monthHoliday pay20262027
10 h/week43 hNo₩443,760₩460,100
14 h/week61 hNo₩629,520₩652,700
15 h/week78 hYes₩804,960₩834,600
20 h/week104 hYes₩1,073,280₩1,112,800
25 h/week130 hYes₩1,341,600₩1,391,000
30 h/week156 hYes₩1,609,920₩1,669,200
35 h/week183 hYes₩1,888,560₩1,958,100
40 h/week209 hYes₩2,156,880₩2,236,300

Figures are before tax and deductions. Workers contracted for 15 hours or more a week who attend every scheduled day earn a paid weekly holiday, which is why pay jumps between 14 and 15 hours.

Weekly holiday pay = (contracted weekly hours ÷ 40) × 8 × hourly wage (capped at 8 hours)

During the first three months of probation on a contract of one year or longer, employers may pay 90% of the minimum (₩9,630 in 2027), except for simple manual jobs such as convenience-store or cleaning work. Overtime, night and holiday premiums do not count toward the minimum; regular monthly bonuses and meal allowances do.

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Frequently asked questions

What is the Korean minimum wage in 2027?

₩10,700 per hour, up 3.7% from ₩10,320 in 2026. It applies to every workplace from 1 January 2027.

What is that per month?

₩2,236,300 before tax for a 40-hour week including the paid weekly holiday (209 hours).

Does it apply to part-time work under 15 hours a week?

Yes. The hourly minimum applies regardless of hours; only the weekly holiday pay requires 15 hours or more.

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