일 · 돈
Work, Pay & Tax
Labor law, pay, tax and the money you are owed when you leave a job.
근로 계약
Open Labor Rights & Contracts →Labor Rights & Contracts
- GuideKorean Labor Law Basics Every Foreign Worker Should KnowKorean labor law protects foreign workers like Koreans: minimum wage ₩10,320, 40-hour week, 50% overtime premium, paid leave and severance. What applies to you.
- ArticleAnnual Leave in Korea: 11 Days, Then 15, and What Happens to the Ones You Don't UseIn Korea you earn 1 day of paid leave a month in your first year (up to 11), 15 days from your first anniversary, then one extra day every two years up to 25. Unused days are usually paid out. Applies at workplaces with 5+ employees.
- ArticleE-2 Teaching Contract Checklist: 10 Things to Check Before You SignBefore signing an English teaching contract in Korea, check salary vs the minimum wage, severance, the four insurances, pension refund eligibility, housing, teaching hours, overtime rates, sick days and flights. A practical checklist with the Korean terms.
- ArticlePart-Time Work in Korea: Minimum Wage 2026–2027 and the Weekly Holiday Pay Most People MissKorea's minimum wage is ₩10,320 an hour in 2026 and ₩10,700 in 2027. Work 15+ hours a week and you're also owed weekly holiday pay (주휴수당), worth up to 20% more. How to check your pay.
급여 · 세금
Open Pay & Tax →Pay & Tax
- GuideIncome Tax and Year-End Tax Settlement for ForeignersForeign workers in Korea pay income tax monthly, then settle it each January and February through their employer. How residency, rates and deductions work.
- ArticleThe 19% Flat Tax for Foreigners in Korea: Who Wins and Who LosesForeign workers in Korea can choose a flat 19% income tax (20.9% with local tax). It applies to gross pay with no deductions, so for most salaries under ₩100 million it costs more. Here's how to tell.
- ArticleWhat a Korean Salary Really Pays in 2026: ₩30M to ₩60M, Line by LineA ₩40 million salary in Korea pays about ₩2.94 million a month after tax and insurance in 2026. Here is every deduction, why your first payslip looks low, and how to check it.
퇴직
Leaving a Job
- GuideUnemployment Benefits in Korea: Who Qualifies Among ForeignersForeigners in Korea get unemployment benefits only if covered by employment insurance: automatic for F-2, F-5, F-6; opt-in for E-7, E-2, F-4. Rules and amounts.
- ArticleSeverance Pay in Korea: The One-Year Rule and the Exact FormulaAfter one year with the same employer at 15+ hours a week, every worker in Korea is owed severance (퇴직금): 30 days of average wage per year worked, paid within 14 days. A 2-year contract at ₩2.7M a month earns about ₩5.4M.
해외 송금
Sending Money Home
Calculators for this
All calculators2026 rates · 19% flat tax option
Korea Salary Take-Home Calculator 연봉 실수령액
Enter your annual salary to see what lands in your bank account each month, with every deduction explained.
1 year rule · Labor law formulaKorea Severance Pay Calculator 퇴직금
Enter your dates and recent pay to see the severance your employer owes when you leave.
Lump-sum refund when you leaveNational Pension Refund Calculator 반환일시금
See how much National Pension money you can take home when you leave Korea, and check whether you qualify.
2026 minimum wage ₩10,320Part-Time Pay & Weekly Holiday Pay Calculator 알바 월급 · 주휴수당
Enter your hourly wage and schedule to see your monthly pay, including the paid weekly holiday most part-timers forget.
11 days in year 1, then 15+Annual Leave Calculator 연차
Enter your start date to see your paid leave days today, when the next ones arrive, and what unused days are worth.