Next year's minimum wage set at 9,160 won
Posted : 2021-07-13 08:18
Updated : 2021-07-13 15:00
Lee Dong-ho, secretary general of the Federation of Korean Trade Unions, leaves the Minimum Wage Commission meeting held at the Sejong Government Complex after the next year's minimum hourly wage was set at 9,160 won, July 13. Yonhap
A national commission on Monday set next year's minimum hourly wage at 9,160 won ($7.98) in a 5.1 percent on-year increase.
The Minimum Wage Commission, which is composed of nine members each from labor, business and the general public, struck the agreement around midnight during a plenary session held at the government complex in Sejong.