Yangju City Announces Next Year's Living Wage at 11,230 KRW per Hour... 1,200 KRW Increase
1.7% Increase Over This Year's Living Wage of 11,040 Won
Yangju City held the '2024 Yangju City Labor-Management-Civil-Government Council' on the 24th of last month.
Gyeonggi Yangju City (Mayor Kang Su-hyun) announced on the 8th that it has decided and officially announced the "2025 Yangju City Living Wage" as 11,230 KRW following the review by this year's Yangju City Labor-Management-Government Council held on the 24th of last month.
The living wage refers to a wage paid above the minimum wage to enable workers to maintain a minimum standard of humane and cultural living, and it is determined annually so that workers can maintain human dignity and have a practical living in various fields such as education and culture.
The "2025 Yangju City Living Wage" is 1.7% higher than this year's living wage of 11,040 KRW (reflecting the minimum wage increase rate), and it is confirmed to be 1,200 KRW more than next year's minimum wage of 10,030 KRW.
The city explained that next year's living wage was determined by comprehensively considering the Gyeonggi Province living wage, minimum wage, price levels, and the city's financial situation.
The living wage decided this time is scheduled to be applied from January 1 next year to workers directly employed by the city and city-funded or city-supported institutions.
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Mayor Kang Su-hyun said, "Yangju City has introduced the living wage system and has increased the living wage amount every year," adding, "I hope that through the living wage system, it will help not only stabilize workers' lives and improve their quality of life but also revitalize the local economy."
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