How it works
Take-home pay is your salary minus Korea's 4 major social insurances (national pension, health, long-term care, employment insurance) and income tax plus local tax. This tool applies 2024-era insurance rates and a simplified progressive tax estimate. Actual pay stubs vary by company depending on which allowances are treated as non-taxable, so treat this as an estimate.
FAQ
Q. Why might this differ from my actual pay stub?
A. Company-specific non-taxable items, tax credits for dependents, and pension cap adjustments all vary by person — this tool gives a standard approximation.