MOEL Enforces 10,030 KRW Hourly Statutory Minimum Wage and Expanded Wage-Arrears Remedies
The Ministry of Employment and Labor (MOEL) confirmed uniform nationwide enforcement of the 10,030 KRW hourly statutory minimum wage alongside COMWEL substituted wage payment protections.
📊 Key Verified Figures & Units
Under the official notice issued by the Ministry of Employment and Labor (MOEL), the statutory minimum wage in South Korea is 10,030 KRW per hour, equivalent to 2,096,270 KRW per month based on a standard 40-hour workweek (209 paid hours per month including weekly paid holiday allowance, 주휴수당).
Pursuant to Article 6 of the Labor Standards Act and the Minimum Wage Act, the statutory floor applies equally to all employees regardless of employment type (regular, contract, part-time) or nationality and visa status.
Workers experiencing unpaid wages or severance pay delays (beyond 14 days after retirement) may file an official petition via MOEL Labor Counseling Line 1350 or apply for COMWEL simplified substituted wage payment (간이대지급금).
🔬 Statistical Methodology & Scope Context
Monthly conversion assumes 40 regular weekly working hours plus 8 hours of statutory weekly paid holiday allowance (주휴수당), totaling 209 hours per month.