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Wage Information Brief: 2019 No. 4 (Serial No. 39)
Wage Information Brief: 2019 No. 4 (Serial No. 39)
  • Table of Contents

    Table of Contents

    1. Wage Trends in March - April 2019 Based on Worknet Recruitment DB

    2. Cases of Wage System Reform

    3. Common Methods of Job-based Recruitment/Selection

                                   

    Summary

    In April 2019, there were 190,000 individuals newly looking for a job and 347,000 new jobs open for recruitment at average offered wage of 2,010,000 won and average desired wage of 2,067,000 won. The overall wage satisfaction rate was 97.3%.

    Wage satisfaction rate by employment type was the highest at 101.1% for employment contracts with no defined duration and the lowest at 51.4% for employment contracts with no defined duration (part-time jobs).The low wage satisfaction rate in part-time employment is attributable to the low levels of offered wage for part-time jobs in April.

    In terms of the range of offered wage by employment type in April, 'employment contracts with no defined duration' and ‘employment contracts with defined duration’ had a year-on-year decrease in labor demand for the salary range of 1.5 million~2.0 million won, but this range still had the highest ratio of total labor demand. Both types of employment contract had a year-on-year increase in labor demand for the salary range of 2.0 million~2.5 million won as well as 2.5 million won or above.

    - Most of the recruiting businesses are offering a low level of wage for part-time employment.