College Grads' Starting Annual Salary at Large Firms 38Mln Won

Write : 2017-02-27 18:57:00 Update : 2017-02-27 19:02:43

College Grads' Starting Annual Salary at Large Firms 38Mln Won

A survey finds South Korean college graduates hired by large firms this year will receive an average annual salary of 38-point-five million won.

Those hired by small firms will take home about 25-point-two million won on average, while those working for foreign firms and public companies can expect around 34-point-six million won.  

Online job portal JobKorea released on Monday the results of its survey on 522 companies, including 207 large firms and 290 small and medium-sized firms.

The figure for large firms decreased by one percent compared to last year, while those for public firms and foreign companies increased five-point-two percent and five-point-seven percent, respectively. The figure for small firms also increased two-point-eight percent.

Accordingly, the gap between large firms and public and foreign firms decreased from six million won last year to four million won this year.

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