The Korea Herald

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[Monitor] Minimum wage for 2017

By Korea Herald

Published : July 18, 2016 - 17:02

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South Korea‘s minimum wage has been set at 6,470 won ($5.70) per hour for next year, up 7 percent from this year. The new minimum wage translates to 51,760 won a day for those who work eight hours a day and some 1.35 million won a month for those who work 40 hours a week.