2011년 12월 5일 월요일

minimum wage of korea

in this year minimum wage of korea is 4320won. it is very low compare to another oecd countries. furthermore someone couldnt get even minimum wage almost 2million of people, and a lot of workers get minimum wage. for example the worker who get minimum wage works 8hours a day, 24days a month, then he could get 8*24*4320=829440won/month..consider if he want to buy his house (suppose that house price is 200000000won) then (cause 200000000/(829440*12)=20.1) he should work 20years even he couldnt spend money during 20years... it means the minimum wage of korea is very low...compare to korean price. now days in korea cone icecream is around 2000won and small cookie is 1000won( some years ago not too far it was half price...)
so minimum wage of korea have to increase much more proportional to price
of korea. at least almost people could buy icecream with no wonder i mean without burden

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