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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.