South Korea: Minimum hourly wage raised to ₩10,030 for 2025

Wed, 01 Jan 2025 00:00:00 GMT
Labour

South Korea — The Minimum Wage Council raised the minimum hourly wage to ₩10,030 for 2025 (from ₩9,860 in 2024) — the first time the threshold crossed ₩10,000. Continues a multi-year trajectory under both Moon and Yoon administrations.
Who it affects: All low-wage Korean and non-Korean workers.