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South Korean Unions Demand 14.7% Minimum Wage Rise to 11,500 Won

Labor groups presented their proposal as vital for boosting incomes ahead of next week’s commission session on June 17.

Overview

  • Representatives of labor and civic organizations formally requested 11,500 won per hour for 2026, up from this year’s 10,030 won.
  • The proposed rate equates to a monthly wage of about 2.4 million won based on 209 hours of work.
  • The labor sector has called for the minimum wage to cover non-regular and platform workers as well.
  • The management circle has not yet announced its own minimum wage demand for the upcoming year.
  • The Minimum Wage Commission began deliberations in April and will reconvene for its next plenary meeting on June 17.