The Korean government has officially announced the minimum wage for 2027. ๐ Effective from: January 1, 2027 ๐ต New hourly rate: โฉ10,700 ๐ Increase: โฉ380 per hour ๐๏ธ Monthly equivalent: โฉ2,236,300 (Based on 209 hours per month, including weekly holiday pay.) โ The new rate applies to eligible workers covered by Korea's minimum wage law, regardless of nationality. ๐ What should foreign workers do? Check your employment contract and payslip to make sure your wages comply with the applicable minimum wage requirements from January 2027. ๐ Official information: https://moel.go.kr/news/enews/report/enewsView.do?news_seq=19659&utm_source=search
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1 week ago
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