Labor Cost Calculator
How much does it really cost to hire one person?
KRW
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business.tool.results.salary_label₩3,000,000
business.tool.results.insurance_label
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Employer Shield
Tax-Free Benefits
Separating food allowance (up to 200k KRW) from basic pay reduces the basis for 4 major insurance calculations.
Severance Planning
Severance pay is a legal liability. Accruing 1/12th of salary every month ensures liquidity when employees leave.
Quick FAQ
Q. Is industrial accident insurance mandatory?
Yes, 100% of the premium is paid by the employer. It varies by industry risk levels.
Q. What about bonuses?
Fixed bonuses are included in the 'Average Wage' calculation for severance pay.