Samsung Electronics began its first-ever wage negotiations with unionized labor Monday, a month after the company signed its first official agreement with labor unions in 52 years. Previously, Samsung Electronics had negotiated wages with an ...
Kim Taek-jin, CEO of NCSoft, was the top earner in the country in terms of salary and bonus in the first half of the year, taking home a total of 9.4 billion won
Pay rises continue at Korea's big companies and IT firms.
The average annual salary of employees at local commercial banks closed in on 100 million won ($88,000) last year, rising by over 8 percent compared to 2017.
A man who had been working as a developer at an IT company for seven years moved to an e-commerce company last year. He received a signing bonus of about 70 million won ($62,400).
On Monday evening, Ju Kwon became the first KBO player in nine years to file for salary arbitration, with all of 30 million won ($27,000) separating him and the Wiz. The league's panel of arbitrators must determine Ju's salary for 2021 by Jan. 25.
Eight out of 10 professional television actors received an annual salary of less than 10 million won ($9,200) in 2020 while only five out of every 10 respondents said they signed contracts for work they did. These revelations were the results of...