279 KRW (2.5%)↑ from 11,157 KRW in 2023, 1,576 KRW higher than next year's minimum wage
Applied to direct hires at district and funded institutions, and district-funded private consignment workers
Confirmed considering continuous inflation and public-private sector equity comprehensively
Mapo-gu (Mayor Park Gang-su) announced that the 2024 living wage in Mapo-gu has been set at 11,436 KRW per hour and will be applied for one year starting January 1 next year.
The living wage refers to a wage level that guarantees a minimum cultural life and a dignified human life. Mapo-gu enacted the Living Wage Ordinance in July 2015 and has been implementing the living wage system annually since 2016.
On the 23rd of last month, the Mapo-gu Living Wage Deliberation Committee comprehensively considered factors such as inflation rate, equity between public and private sectors, and the district's financial conditions to determine the 2024 living wage for Mapo-gu.
The confirmed 2024 living wage for Mapo-gu is 2.5% (279 KRW) higher than this year's living wage and is 1,576 KRW higher than the 2024 minimum wage of 9,860 KRW per hour announced by the government in August. Based on a standard 40-hour workweek and 209 hours per month, this translates to a monthly salary of 2,390,124 KRW.
The living wage applies to workers directly hired by Mapo-gu and Mapo-gu funded and supported institutions, as well as workers in privately commissioned projects operated solely with district funds. Temporary workers in projects supported by government ministries and Seoul city budgets are excluded from the application.
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Park Gang-su, Mayor of Mapo-gu, emphasized, “The living wage for next year has been increased to ensure the stable livelihood and practical quality of life for Mapo-gu workers. Mapo-gu will continue to do its best in various ways to improve workers' treatment.”
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