The Minimum Wage in Korea
When I saw the graph of minimum wage of Korea, I really surprised by the fact that Korean minimum wage was the lowest among OECD-21. I have never thought about our minimum wage before I heard from the presenter. Even though the prices are rising continuously, the minimum wage has risen not that much. I think it doesn’t make any sense.
If you think the prices of any products, you will realize that the minimum wage is not enough for our lives. For example, when you buy a Big Mac Set in McDonald, you should pay for it ￦5,800. Also, there are more expensive berger-sets. However, the minimum wage in Korea is ￦4,320. It’s too low compared to meal costs even if it will rise up to ￦4,580.
Indeed, the price of housing is more serious. If you want to buy a house in Seoul, you should pay ￦17,000,000 per 1 pyeong(3.3m2 in Seoul, you need to work for about 130,000 hours.
In addition, some companies don’t obey the minimum wage. Some people who work at a fast food store like McDonald, Berger King or construction site get less money than the minimum wage. The minimum wage is made for protect young and old people. So the government should check the owner is obeying the minimum wage.
I think to improve our lives and boost Korea’s national power the minimum wage has to be increased much more.
I agree with you. However there are several reasons why the government refuse to increase the minimal wage despite all the effort by the public.
답글삭제minimum wage is too low. i think we should reduce a gap of salary beteen regular job and casual job.
답글삭제we should give a chance to poor people to buy house in the future.
I don't see why they just want us work for such a small minimum wage. And even there are many places that minimum wages are not given to the workers.I guess it's just unfair world out there.
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