Great news for international students studying in Korea! Starting next year, the minimum wage in Korea will increase to 10,030 KRW per hour. This is a 1.7% rise from this year, marking the first time the minimum wage has surpassed 10,000 KRW.
The Minimum Wage Commission decided on July 12, during their 11th plenary session at the Government Complex Sejong, to set next year’s minimum wage at 10,030 KRW per hour. This is an increase of 170 KRW from this year’s minimum wage of 9,860 KRW. This is a significant milestone, as it is the first time since the introduction of the minimum wage system in 1988, that the hourly rate has reached the 10,000 KRW mark. Additionally, it’s been 11 years since the minimum wage first exceeded 5,000 KRW in 2014.
The increase in the minimum wage will positively impact many international students, who rely on part-time jobs to cover their tuition and living expenses. With higher hourly wages, students can earn more income for the same amount of work, which will greatly benefit those juggling both studies and part-time employment.
Finding Part-Time Jobs
- Korean Language Skills: Many part-time jobs require basic Korean communication skills. Improving your Korean proficiency will open up more job opportunities.
- Student Visa Regulations: International students on a student visa are allowed to work up to 20 hours per week. Make sure to adhere to this limit.
For more useful information, visit the Kikidormitory website, where international students share their experiences and tips on studying and living in Korea. Wishing you a successful and enjoyable student life in Korea!
