Why Your Korean Paycheck Is Smaller Than Your Contract (2026 Payslip, Decoded)
Your ₩4,000,000 Korean contract pays out in the mid-₩3-millions. What the four insurances (9.7% in 2026) and income tax take — and what foreigners can get back.
Your ₩4,000,000 Korean contract pays out in the mid-₩3-millions. What the four insurances (9.7% in 2026) and income tax take — and what foreigners can get back.
The first time a foreign colleague joined our team chat on KakaoTalk, he sent me a private message within ten minutes. “Why does our manager have three different names in here?” he asked. “And one of them is just… Tony?” I had to laugh, because I’d forgotten how strange it looks from the outside. In … Read more