Wage differentials in Korea
Lots of numbers in the article copied below, but it shows that fulltime workers still earn more than part-timers - also it is not clear, if the part-timers also do freelancing.
Interesting to see as well is that women's salary increased much lesser than that of male, and is, overall, far below male fulltimers and part-timers. All this despite the fact, that women are the force to reckon with in the next couple of years as income earners, leaders and outperform men on nearly all criteria crucial to survive the job markets in the years to come.
Here is the article:
Wage Amount of Part-timers Peaks in Their Early Thirties
It is shown that although the amount of wages of full-time male workers steadily increased until the latter half of their forties, part-timers' wages peak in the first half of their thirties, and decreases continuously afterwards.
According to the Korea Labor Institute on Tuesday, the 2002 wage figures of full-time workers, with the wage standard of 20-24 year olds set at 100, increased continuously to 135, 186, 212, 215, and 226 respectively in the 25-29, 30-34, 35-39, 40-44, and 45-49 age groups. The figure finally decreased to 217 in the 50-54 year age group.
On the other hand, in case of the part-timers, the figure peaked at 190 in the 30-34 age group, and revealed a downward tendency by recording 182, 188, 169, and 178 separately in the 35-39, 40-44, 45-49, and 50-54 age groups.
In case of female full-timers, it was shown that each age group of 25-29, 30-34, 35-39, 40-44, and 45-49 respectively recorded 118, 133, 128, 123, and 117. With part-timers, 25-29 made 127, 30-34 made 98, 35-39 made 97, and 40-44 made 96.
“A very rigid wage system based on one’s service experience is still overwhelming in companies as a theory of deciding one’s wage level,” remarked the Korea Labor Institute, adding “A rapidly increased wage amount caused by the experience-based wage system is limited only to the internal sectors including the labor union and full-time workers of conglomerates. In case of sectors of outsiders and sectors that do not have any labor unions, the influence of the experience-based wage system have greatly weakened.”
Interesting to see as well is that women's salary increased much lesser than that of male, and is, overall, far below male fulltimers and part-timers. All this despite the fact, that women are the force to reckon with in the next couple of years as income earners, leaders and outperform men on nearly all criteria crucial to survive the job markets in the years to come.
Here is the article:
Wage Amount of Part-timers Peaks in Their Early Thirties
It is shown that although the amount of wages of full-time male workers steadily increased until the latter half of their forties, part-timers' wages peak in the first half of their thirties, and decreases continuously afterwards.
According to the Korea Labor Institute on Tuesday, the 2002 wage figures of full-time workers, with the wage standard of 20-24 year olds set at 100, increased continuously to 135, 186, 212, 215, and 226 respectively in the 25-29, 30-34, 35-39, 40-44, and 45-49 age groups. The figure finally decreased to 217 in the 50-54 year age group.
On the other hand, in case of the part-timers, the figure peaked at 190 in the 30-34 age group, and revealed a downward tendency by recording 182, 188, 169, and 178 separately in the 35-39, 40-44, 45-49, and 50-54 age groups.
In case of female full-timers, it was shown that each age group of 25-29, 30-34, 35-39, 40-44, and 45-49 respectively recorded 118, 133, 128, 123, and 117. With part-timers, 25-29 made 127, 30-34 made 98, 35-39 made 97, and 40-44 made 96.
“A very rigid wage system based on one’s service experience is still overwhelming in companies as a theory of deciding one’s wage level,” remarked the Korea Labor Institute, adding “A rapidly increased wage amount caused by the experience-based wage system is limited only to the internal sectors including the labor union and full-time workers of conglomerates. In case of sectors of outsiders and sectors that do not have any labor unions, the influence of the experience-based wage system have greatly weakened.”
posted by Andreas @ 5:11 pm
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