Overview

The Minimum Wage Calculator computes hourly, daily, monthly, and annual pay based on Korea's current minimum wage. For 2025, the minimum hourly wage is KRW 10,030. Use this tool to verify whether your pay meets the legal minimum.

Formula

Monthly Pay = Minimum Hourly Wage × Monthly Contractual Hours (209 hours)
Annual Pay = Monthly Pay × 12

• 2025 Minimum Hourly Wage: KRW 10,030
• Monthly equivalent (40 hrs/week): 10,030 × 209 = KRW 2,096,270
• Annual equivalent: 2,096,270 × 12 = KRW 25,155,240

How to Use

1. 1Enter your weekly working hours (default: 40 hours).
2. 2Select the number of working days per week.
3. 3Enter your current hourly or monthly wage to check minimum wage compliance.
4. 4Click 'Calculate' to see minimum wage figures for hourly, daily, monthly, and annual rates.

Tips

• ✔Probationary employees (first 3 months) may receive 90% of minimum wage if on a contract of 1 year or longer.
• ✔The minimum wage is updated every January 1st — check at the start of each year.
• ✔Violating minimum wage laws may result in up to 3 years imprisonment or a fine up to KRW 20 million.

FAQ