Public job starting salaries up 5% this year

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Public job starting salaries up 5% this year


Recruitment site Job Korea said Monday the average starting salary for public institution employees will be 36.42 million won ($32,430) this year, 1.7 million won, or 5 percent, higher than last year.

The recruitment site announced the findings after analyzing recruitment plans from 131 public institutions that participated in a Ministry of Economy and Finance-led job fair last week.

Among the 131 institutions, Korea Advanced Institute of Science and Technology (KAIST) will give out the highest starting salary this year at 49.89 million won. Runners-up are the Korea Atomic Energy Research Institute, which will give out 48.94 million won, and the Korea Development Bank and Industrial Bank of Korea, which will both hand out 48 million won.

By industry, new employees working in the research and education sector will earn the most this year, with an average starting salary of 39.57 million won, followed by those in the energy and agricultural sectors.

Job Korea estimated that the 131 institutions will be hiring a total of 8,857 new employees this year. Korail is expected to be the largest recruiter, hiring 1,855 new workers.

Job Korea also added that most public institutions will be recruiting new employees within the first half of the year.

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