The average salary in state-owned enterprises exceeded that of the giant conglomerates peaked last year by about 70 million won, more than double the salary of small and medium-sized enterprises (1 USD = 1285 won).
According to Alio of the Ministry of Economy and Finance on Monday, the average salary in 350 state-owned enterprises increased by 1. 5% in 2021 to 69. 8 million won in line with the year.
The Ulsan National Institute of Science and Technology paid the maximum with an average annual salary of W120. 58 million, followed by the Electronics and Telecommunications Research Institute (W115. 95 million), Korea Investment Corporation (W115. 92 million), Korea Advanced Institute of Science and Technology (W113. 77 million) and the Korea Development Bank (W113, 70 million).
Twenty state-owned enterprises paid more than one hundred million won on average. It is larger or similar to large corporations such as Samsung SDI (W110 million), Hyundai (W96 million) and LG Energy Solution (W90 million).
But according to the knowledge of Korea Statistics, the average salary in small and medium-sized enterprises was only 31. 1 million won last year, and in giant companies employing more than three hundred people , 63. 5 million won.