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Part-time workers' income in South Korea growth slows in 2015

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Staff writer | Tuesday January 26, 2016 6:15AM ET
South Korea workers
Jobs   According to Alba.co.kr:

Part-time workers in South Korea saw their income grow at a much slower pace in 2015 than the previous year due to a prolonged economic slump, data showed.


The average monthly profit of part-time workers stood at 653,391 won ($544.95) last year, up 2.7 percent from 635,996 won a year earlier, according to the data compiled by the job search portal Alba.co.kr.

Last year's growth hovered far below the 8.2 percent on-year rise posted in 2014. The survey was conducted on 17,829 local workers who made profits through part-time jobs every month.

"Demand for part-time workers waned last year due to the economic slump, which left consumer spending anemic and increased the number of one-man operations going out of business," Alba.co.kr said.

The gender income gap also worsened last year.

Male part-time workers earned 756,700 won per month, while female counterparts made 579,900 won, leading to an income gap of 176,800 won. The disparity stood at 159,634 won in 2014.

By sector, consulting and sales-related jobs boasted the highest monthly average wage of 887,962 won, trailed by information technology and design careers with 879,941 won and accounting positions with 868,142 won, according to the data.

 

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