Min wage → monthly

Hourly → Monthly / Annual

Convert hourly wage to monthly salary using Korea's 209-hour standard (40h/week + weekly rest pay). Part-time hours auto-prorated.

Hourly wage

Working hours

Result

Enter hourly wage and weekly hours, then convert.

What this tool does

The minimum wage to monthly salary calculator instantly converts an hourly wage into a monthly salary and annual income including weekly holiday pay. It automatically applies Korea's standard 209-hour basis (40 weekly hours + 8 weekly holiday hours × 4.345 weeks per month), the key point in 'monthly conversion', and supports pro-rata calculation when you enter shorter weekly hours. The 2026 minimum hourly wage is KRW 10,320 (monthly equivalent KRW 2,156,880, MOEL Notice No. 2025-47); 2025 was KRW 10,030.

Who uses this

  • Job seekers: check whether an offered hourly wage violates the minimum by converting to monthly
  • Part-time and short-time workers: calculate expected monthly pay based on weekly contractual hours
  • Employers and HR: pre-simulate labor cost increases in monthly and annual terms when the minimum wage rises
  • Contract negotiation: compare the difference depending on whether weekly holiday pay is included
  • Foreign workers: verify whether your hourly wage meets Korea's legal minimum standard

How to use (3 steps)

  1. 1Enter your hourly wage. If left blank, the minimum hourly wage for the year (KRW 10,320 for 2026 · KRW 10,030 for 2025) is filled in automatically.
  2. 2Set your weekly contractual hours. For full-time work (5 days, 8 hours), keep the default 40 hours; for short-time work (30, 25 hours, etc.), enter the actual hours.
  3. 3Choose whether to include weekly holiday pay. When included, the monthly salary is computed using 209 hours (40-hour basis) or pro-rata hours; when excluded, only actual working hours are reflected.

Formula (basis for 209 hours)

Monthly contractual hours (with weekly holiday, 40-hour basis) = (40 weekly hours + 8 weekly holiday hours) × average weeks per month = 48 hours × (52 weeks ÷ 12 months) = 48 × 4.345 ≈ 208.56 → 209 hours by administrative interpretation Monthly salary = hourly wage × 209 hours 2026 minimum wage: KRW 10,320 / hour (2025: KRW 10,030) Minimum monthly salary = 10,320 × 209 = KRW 2,156,880 Short-time work (N weekly hours): weekly holiday hours = (N ÷ 40) × 8 hours (cap 8 hours) monthly contractual hours = (N + weekly holiday hours) × 4.345 monthly salary = hourly wage × monthly contractual hours Basis: Labor Standards Act Article 55 (weekly holiday), Minimum Wage Act, MOEL administrative interpretation (209 hours)

Real examples

Example 1: Full-time at minimum wage (40 weekly hours, 2025/2026 basis)

KRW 10,320 × 209 hours = KRW 2,156,880 / month. Annualized to KRW 25,882,560. Weekly holiday pay alone = 10,320 × about 34.8 monthly holiday hours = about KRW 359,136 / month.

Example 2: Short-time work, 30 weekly hours (hourly KRW 12,000)

Weekly holiday hours = (30 ÷ 40) × 8 = 6 hours. Monthly contractual hours = (30 + 6) × 4.345 ≈ 156.4 hours. Monthly salary = 12,000 × 156 = about KRW 1,876,800.

Example 3: Excluding weekly holiday pay (40 weekly hours, hourly KRW 13,000)

Monthly contractual hours excluding holiday = 40 × 4.345 ≈ 173.8 → 174 hours. Monthly salary = 13,000 × 174 = KRW 2,262,000. With weekly holiday pay, 13,000 × 209 = KRW 2,717,000, a difference of about KRW 455,000.

Frequently asked questions

Why is 209 hours the basis?

Adding 8 weekly holiday hours to 40 weekly working hours gives 48 hours per week; multiplied by the average weeks per month, 4.345 (52 weeks ÷ 12 months), this equals 208.56 hours. MOEL administrative interpretation and case law round this to 209 hours as the basis for ordinary wage calculation.

What is the 2026 minimum hourly wage?

The minimum wage is decided and announced by the Minimum Wage Commission on August 5 each year and applies from January 1 of the following year. The 2026 minimum hourly wage is KRW 10,320 (+2.9%, MOEL Notice No. 2025-47), already reflected in this tool; 2025 was KRW 10,030.

Does every worker receive weekly holiday pay?

It arises when a worker with at least 15 weekly contractual hours has perfect attendance on all scheduled working days that week. Very-short-time workers with under 15 weekly hours do not receive weekly holiday pay.

Are meal and transport allowances included in the minimum wage?

Since 2024, meal and transport allowances paid regularly at least once a month are within the scope of the minimum wage. The phase-out of the previously applied exclusion ratios means most regularly paid amounts are now counted. Check MOEL standards for the detailed scope of inclusion.

What if a part-time hourly wage is below the minimum?

A minimum wage violation is a criminal offense punishable by up to 3 years imprisonment or a fine of up to KRW 20 million. A contract with an hourly wage below the minimum is void for that portion, and the shortfall against the minimum wage can be claimed within 3 years.

Are overtime, night, and holiday premiums reflected in this calculator?

This calculator computes only ordinary wage based on contractual hours. Overtime (+50%), night (+50%), and holiday (+50% to 100%) premiums are separate; after confirming your work schedule, you can add them in the net salary calculator.

Cautions

  • The tool reflects KRW 10,320 for 2026 and KRW 10,030 for 2025. The minimum wage is announced every August and this tool is updated as soon as it is official.
  • The 209 monthly hours are based on full-time 40-hour work; short-time workers have different pro-rata hours — enter your actual contractual hours for an accurate value.
  • Confirm details such as inclusion of meal/transport allowances and the probation period (3 months, where 90% of the minimum wage may apply) against your workplace rules and MOEL standards.
  • Results are for reference only; confirm the actual pay agreement with your employment contract and your employer or a labor attorney.

Last reviewed: 2026-06-17

Where does 209 hours come from?

40 weekly work hours + 8 weekly-rest hours = 48 weekly. 52 weeks ÷ 12 ≈ 4.345 weeks/month. 48 × 4.345 ≈ 208.56 → administratively rounded to 209.

Part-time proration

Under 15 weekly hours → no weekly rest pay. 15-40 hours → weekly rest pay = (weekly hours / 5) hours per week, capped at 8.

Minimum wage decision

Announced yearly by Aug 5 for the following year. 2025 = 10,030 KRW / 2026 = 10,320 KRW (+2.9%, MOEL Notice No. 2025-47).

Hourly → Monthly Salary Converter (Korea, with weekly rest)