The Korea Herald

피터빈트

3% of salaried persons high-wage earners: report

By KH디지털2

Published : Feb. 25, 2016 - 11:48

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About three out of 100 wage earners in Korea receive an annual salary of more than 100 million won (about $80,000), according to a report by Rep. Lee No-geun of the ruling Saenuri Party on Thursday.

The report, which was based on tax authorities’ year-end tax adjustment, showed that high-wage earners number at 526,689 out of the total 16.68 million salaried people here.

By region, Ulsan, the nation’s southeastern industrial city, topped the proportion of high-wage earners at 8.5 percent. There were 2,728 people reported as high-wage earners among the 387,142 salaried people in the city.

The proportions in Seoul and Gyeonggi Province were 3.9 percent and 3.5 percent, respectively.

By industry, 90,936 people working in the financial sector receive a salary of more than 100 million won.