Newly recruited university graduates earn 2.9 million a month - The Korea Times

Newly recruited university graduates earn 2.9 million a month

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Office workers in Seoul head to work in this file photo. / Korea Times file

New employees who have graduated from a four-year university course are being paid an average of 2,909,000 won a month, including bonuses, this year, figures show _ up 4.5 percent from 2,784,000 won last year.

The data is from a Korea Employers Federation survey of 414 companies.

Companies with 100-299 employees pay 2,561,000 won, companies with 300- 499 employees pay 2,795,000 won, companies with 500-999 employees pay 2,941,000 won and companies with 1,000 or more employees pay 3,186,000 won.

Companies in the construction industry pay 2,706,000 won, wholesale and retail 2,755,000 won, manufacturing 2,802,000 won, transport, warehousing and communication services 2,940,000 won and finance and insurance 3,284,000 won.

Employees from vocation colleges are on average paid 2,584,000 won, high school graduates in office jobs 2,130,000 won and high school graduates in manufacturing 2,308,000 won.

Kim Bo-eun

Bo-eun leads the digital content team. She has covered foreign affairs, North Korea, tech, economy and gender issues at The Korea Times. She did a short stint at the South China Morning Post in Hong Kong, where she obtained a new perspective on news production and life. Small sources of joy for her are lounging in the sun, having a good latte and swimming.

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