According to the data released by the Korea Employers Federation, the average wage for regular college graduates in businesses with more than 300 employees in Korea was 510,000 won.
In addition, the average first wage of all college graduates was 36.75 million won, which is a large wage gap depending on the size of the business.
Businesses with less than 30 to 299 employees were 35.95 million won, businesses with less than 5 to 29 employees were 37.7 million won, and businesses with less than 5 employees were 27.31 million won.
In addition, the first wage for college graduates at large Korean companies was $57,568 based on the purchasing power valuation exchange rate, 57.9% higher than the first wage of $36,466 for college graduates at large Japanese companies.
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