Finance & Tax

Hourly and part-time monthly pay calculator

Estimate a monthly wage from an hourly rate and contracted weekly hours, then inspect insurance and income-tax deductions separately. In the Korean profile, weekly paid holiday hours are included only when weekly hours reach 15 and you confirm that eligibility conditions are met. Actual monthly work schedules and payroll practices can differ from the average-month conversion.

MAKE IT SIMPLE

Jurisdiction / calculation rules

English is a display language. Korean rates apply only to the South Korea profile. The manual profile does not calculate any country’s tax law.

Hourly wage

Contractual hours per week (0–40)Weekly paid holiday conditions are met (including full attendance)

2026 minimum wage: KRW 10,320/hour. Weekly holiday hours = weekly hours ÷ 40 × 8, only at 15+ hours with eligibility checked. Monthly hours = paid weekly hours × 365 ÷ 7 ÷ 12, rounded to 2 decimals; full-time 40+8 uses the official 209 hours. Overtime, night and holiday premiums are not calculated automatically.

Additional gross allowances this month

Confirmed tax-exempt pay per month

Already included in gross pay. Enter only amounts that meet tax-exemption rules; meal allowances are not automatically exempt for everyone.

Adjust tax details and insurance enrollment

Korean monthly employee deductionsPayroll month in 2026Eligible dependents including yourself (1–30)Of those dependents: eligible children aged 8–20Income tax withholding choiceNational pension enrolled (employee 4.75%)Employee health + long-term care enrolledEmployment insurance enrolled (employee 0.9%)

Industrial accident insurance is paid by the employer for ordinary employees (employee deduction 0). Enrollment is your selection, not an automatic eligibility decision. Health 3.595%; care = employee health premium × 0.9448 ÷ 7.19.

Use registered insurance bases instead of taxable pay

Without an override the insurance base is estimated from taxable pay. Pension bases: Jan–Jun KRW 400,000–6,370,000; Jul–Dec 410,000–6,590,000. Health employee premium is limited to KRW 10,080–4,591,740. Actual registered bases, adjustments and reductions may differ.

Other / fixed deductions for this payment

Estimate only. It excludes year-end settlement, special reductions, irregular bonus withholding, insurance settlements and employer-specific rules. Amounts are not stored or sent to a server.

Official sources · Korea 2026

Rules reviewed 21 October 2026. Select the pay month: child credits change in March and pension limits in July.

Result

Worked examples

KRW 10,320/hour; 40 weekly hours; weekly holiday eligible

Monthly gross KRW 2,156,880; 209 paid hours; 8 weekly holiday hours

10,320 × 209 = 2,156,880 before tax and employee insurance deductions.

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