Next year’s minimum wages decided at KRW 7,530

As the minimum wages made the highest increase ever for the next year, it is expected to impact businesses in the healthcare industry.

The Minimum Wage Commission held the 11^th plenary meeting at the Sejong Government Complex on the 15^th and decided the minimum wages at KRW 7,530.

The minimum wages bill showed a 16.4% rate of increase by KRW 1,060 from this year’s KRW 6,470.

If calculating m...