# Hiring in South Korea

Review edition — pending Theo Smith approval.

## What must the agreement contain?

The 2026 minimum wage is KRW 10,320 per hour. The published monthly equivalent is KRW 2,156,880 on the stated 209-hour basis.

Applies to: South Korean 2026 minimum-wage schedule; monthly hours must match the scenario

Still to establish: Actual payable hours, included remuneration and statutory exceptions

- Actual payable hours, included remuneration and statutory exceptions

Next step: Confirm Actual payable hours, included remuneration and statutory exceptions.

- [Korean Minimum Wage Commission](https://www.minimumwage.go.kr/english/introduce/minWage.do)

Checked 2026-09-28. Research status: partial.

## What happens at exit?

Labour Standards Act article 26 generally requires thirty days’ advance dismissal notice or thirty days’ ordinary wages. Exceptions include service shorter than three months and specified statutory circumstances.

Applies to: South Korean article 26; notice is separate from justification and other dismissal rules

Still to establish: Workplace size, grounds, written notice, protected periods, severance and final pay

- Workplace size, grounds, written notice, protected periods, severance and final pay

Next step: Confirm Workplace size, grounds, written notice, protected periods, severance and final pay.

- [Korean national legislation centre](https://www.law.go.kr/lsLawLinkInfo.do?chrClsCd=010202&lsJoLnkSeq=1000112976)

Checked 2026-09-28. Research status: partial.