Starting from July 1st, 2023, the salary limits for Korean National Pension calculation (9%) will be updated. The upper limit for monthly salary will be 5,900,000 KRW
Korea Health Insurance Increases - Jan 2023
The Korean National Health Insurance will be increased by 1.49% starting January 2023, due to rising healthcare costs and benefit expansion.
New Payslip Regulations in Korea have been Published
An update to the Labor Standards Act that entered into force on 19.11.2021, added new Requirements for the preparation of Payslip for employees South Korea
South Korea Minimum Wage for 2022
Starting from January 2022, the minimum wage in South Korea will be increased by 5.1% from 8,720 KRW per hour to 9,160 KRW per hour.
What is Hybrid Payroll Employment in Korea?
Hybrid Payroll is an employment model between a foreign employer and a local Korean employee and serves as a legal alternative to the PEO and/or Employer of Record employment models in South Korea.
South Korea Minimum Wage for 2021
Starting from January 2021, the minimum wage in South Korea will be increased by 1.5% from 8,590 KRW per hour to 8,720 KRW per hour
What we offer
About us
Contact Info
14 Gangnam-daero 89-gil, Seocho-gu, Seoul 06535, South Korea
Tel. +82-70-5038-4101
Email. [email protected]
Daily: 10:00 am - 6:00 pm
Saturday & Sunday : Closed
No visitors are allowed without Reservation.
Copyright 2018 KOISRA Corporation © All Rights Reserved | HR License certificate: 직업정보제공사업 신고번호: 서울청 제2018-23호