Minimum wage to reach $1.32 an hour in 2026
The 2026 minimum wage in a nutshell The minimum wage for next year has finally been finalized. The minimum wage for 2026 will be 1,320 won per hour, an increase of 290 won compared to 1,30 won in 2025, and an increase of 2.9%. So how much will the minimum wage be in 2026? If you work 209 hours per month, which is the legal standard, you'll earn 2,568.80 won per month. That's with a 40-hour work week and weekly vacation pay. Year 2025 2026 Increase Hourly rate 30 1,320 290 Monthly salary (209 hours) 209,670 215,6880 6,610 In...