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Sunday, September 04, 2005

Senior Executives Top Wages Earners in Korea

Who are the highest wage earners in Korea? According to a Korea Times article its senior executives of Korea's dae ki-eop (big business).

In fact, these senior entrepreneurs are the largest income earners in Korea far ahead of lawyers, pilots and doctors.

A study conducted by South Korea's Central Employment Information Office (CEIO) notes the average monthly income of executives at companies with 300 employees or more was about $7000 per month, more than four times the average monthly income of all Korean job holders.

Managers at financial companies and owners of small- and mid-sized companies received an average $5000 per month, grabbing second place.

The study was conducted between September and December 2004, based on interviews with 50,000 households across the nation.

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