Labor Economy
- Korea Sets 2026 Minimum Wage at 10,700 Won an Hour
South Korea's minimum wage will rise 3.7% to 10,700 won per hour in 2026, a 380-won increase that lifts the full-time monthly floor to about 2.24 million won.
South Korea's minimum wage will rise 3.7% to 10,700 won per hour in 2026, a 380-won increase that lifts the full-time monthly floor to about 2.24 million won.