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Wage Information Brief: 2019 No. 6 (Serial No. 41)
Wage Information Brief: 2019 No. 6 (Serial No. 41)
  • Table of Contents

    Table of Contents

    1. Wage Trends in May-June 2019 Based on Worknet Recruitment DB

    2. Cases of Wage System Reform

    3. General Methods of Job Analysis, Job Evaluation, and Job Design

     

    Summary

    New job openings in June were 171,000 and new job-seekers were 317,000. Average offer wage was 2.011 million Korean won and reservation wage was 2.052 million, indicating a 98% of wage fulfillment.

    By employment type, wage fulfillment was the highest at 101.0% in “work contract with no fixed term,” and the lowest in “work contract (hourly) with no fixed term” (51.5%). The low wage fulfillment of “work contract (hourly) with no fixed term” can be attributed to low levels of offered wage by employers.

    By employment type in June, the offered wage of “work contract with no fixed term” and “work contract with fixed term” wage demand decreased year on year at 1.5 million to 2 million won, but still remains high. From both employment types, the job wage demand increased year on year between 2 million won to 2.5 million won, and also showed an increase from the range of 1.3 million won to 1.5 million won and more than 2.5 million won.  

    - Most employers offer a low level of wage to part-time workers.