2023-10-02 05:29:00
It was found that the industry with the highest average annual salary in 2021, which was the COVID-19 period, was the finance and insurance industry, and the last place was the food and lodging industry. The difference in salary between the two industries was more than five times.
When the metropolitan area entered level 4 of physical (social) distancing, the restaurant streets of Jongno, Seoul were deserted during lunch time. Reporter Kang Yun-joong
According to data submitted by the National Tax Service to the office of Democratic Party lawmaker Jin Seon-mi, a member of the National Assembly’s Planning and Finance Committee, on the 2nd, a total of 19,959,148 people reported earned income in 2021. The total salary they received was 803.286 trillion won, or 40.24 million won per person per year.
By industry, the financial and insurance industry had the highest average salary per person at 89.14 million won. Next, electricity, gas and water industry (KRW 74.18 million), mining (KRW 55.3 million), manufacturing (KRW 48.74 million), and real estate (KRW 46.03 million) recorded relatively high salaries.
Industries with lower-than-average wages include health care (40 million won), construction (39.15 million won), service industry (36.59 million won), wholesale (36.58 million won), agriculture, forestry and fishing (28.71 million won), retail business (26.79 million won), and food and lodging (16.95 million won). There were a total of 7, etc. The difference between the food and lodging industry with the lowest annual salary and the financial and insurance industry with the highest annual salary was 5.3 times.
The average salary of 19,959 people in the top 0.1% of all wage earners was 956.15 million won. While there were 2,743 wage earners in the financial and insurance industry in this category, there were only 61 workers in the food and lodging industry. The average salary of the top 1% was 317.3 million won, and the top 10% was 83.28 million won.
Rep. Jin Seon-mi said, “The average salary by industry shows a gap of up to five times more,” and added, “We need a plan to increase income in a balanced way that takes into account industry characteristics such as work type and work intensity.”
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