Labor costs are an important factor in establishing and operating a business in Korea. Wages in Korean companies often vary depending on several factors that usually remain vague to foreigners. Nowak & Partner collected some hard data regarding the labor costs in Korea. Tables and data presented in this overview focus on the salary level in Korea and tackle both, the private and the public sector, which may give readers an interesting perspective about the general labor market situation. This report contains the updated information for 2019, which has been acquired in the course of a research at local institutions, ministries and other Korean sources such as job portals. To check the publication, please click HERE.