Hourly Wage Calculator
Convert between monthly/annual salary and hourly wage.
Overview
The Hourly Wage Calculator converts monthly or annual salary into an hourly rate, or calculates monthly/annual pay from an hourly wage. It uses Korea's statutory working hours (40 hours/week, 209 hours/month including paid weekly holiday) for accurate conversion.
Formula
Hourly Wage = Monthly Salary ÷ Monthly Contractual Hours • Monthly Contractual Hours = (Weekly hours + Paid weekly holiday hours) × (365 ÷ 7) ÷ 12 • Standard 40-hour week: 209 hours/month (including 8 hours paid holiday) • From annual salary: Hourly Wage = Annual Salary ÷ 12 ÷ 209
How to Use
- 1Enter your monthly salary (or annual salary) or hourly wage.
- 2Set your weekly working hours (default: 40 hours).
- 3Choose whether to include paid weekly holiday allowance.
- 4Click 'Calculate' to see hourly, daily, monthly, and annual figures.
Examples
Annual Salary KRW 36M to Hourly Rate
Converting a KRW 36 million annual salary to hourly wage based on 40-hour workweek (209 hours/month)
Monthly Salary KRW 2.5M to Hourly Rate
Converting a KRW 2.5 million monthly salary to hourly wage based on 40-hour workweek
Background
Korea's working hour system is governed by the Labor Standards Act. Since the 2018 introduction of the 52-hour workweek, the legal maximum is 40 regular hours plus 12 overtime hours per week. The standard 209 monthly hours is calculated as (40 weekly hours + 8 paid holiday hours) × 365 ÷ 7 ÷ 12. The paid weekly holiday allowance is mandatory for employees working 15+ hours per week with perfect attendance. This inclusive hourly rate calculation serves as the basis for minimum wage compliance checks. The 2025 minimum hourly wage is KRW 10,030.
Tips
- ✔Working 15+ hours per week entitles you to a paid weekly holiday, which affects hourly rate conversion.
- ✔209 hours represents the monthly standard for a 40-hour workweek plus 8 hours of paid weekly holiday.
- ✔If your hourly wage falls below the minimum wage (KRW 10,030 in 2025), it violates labor law.
FAQ
Q. How is 209 hours calculated?
(40 hours/week + 8 paid holiday hours) × (365 ÷ 7) ÷ 12 months ≈ 209 hours. This is the standard monthly contractual hours for full-time workers.
Q. What is the paid weekly holiday allowance?
Workers who work 15+ hours per week and complete a full work week are entitled to one day's paid leave. For a 40-hour worker, this equals 8 hours of additional paid time.
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