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[Korea] Salary Raise

Salary Raise — runs in your browser. Inputs are not stored.

Runs in your browser No sign-up For reference


Salary raise (for reference)

Enter values, then press Calculate.

How to use

  1. Enter annual salary before the raise (KRW) on a pre-tax basis. The default sample is 40 million KRW. You can exclude or include bonuses depending on how the contract defines annual pay.
  2. Enter raise rate (%). The default is 5%. Use a negative number for a cut.
  3. Press Calculate to see salary after the raise, annual increase, monthly equivalent after the raise, and monthly increase. Monthly equivalent is annual pay ÷ 12.
  4. Take-home pay and four major social insurances (Korea) changes are not on this screen. It is a simple pre-tax multiplication.
  5. Reset restores 40 million KRW and 5%. Company salary tables and grade allowances are not applied.

Key concepts

The salary raise calculator is used for raise rate, pre-tax annual increase, and a monthly equivalent. After = before × (1 + rate). Annual increase is the difference; monthly figures divide each by 12. It matches searches that want a 5% raise, a pre-tax monthly equivalent, or a pay-cut simulation before a negotiation.

If income tax and the four major social insurances change, the raise that hits your bank account can differ from the pre-tax %. For a monthly-pay contract, enter an annualized amount or read the monthly fields. If there is a separate grade or bonus table, enter the company’s announced % and look only at the pre-tax gap. Results are for reference and may differ from the employment contract or rules.

Example

40 million KRW before, 5% raise → 42 million after, 2 million annual increase, 3.5 million monthly equivalent, 166,667 KRW monthly increase. Change the rate to 3% → 41.2 million after. Enter −5 to drop to 38 million. 50 million at 5% → 52.5 million after, 4.375 million monthly. Pre-tax basis. Calculate with the on-screen defaults to match the figures above. Change a field and calculate again with the same rules. For real filings, payouts, and contracts, official notices and agreements take priority. These numbers are for reference.

Related: Annual take-home pay · Four social insurances (Korea) · Percentage

Frequently asked questions

Does the salary raise calculator also show take-home pay?

It calculates pre-tax only. Use the annual take-home calculator for net pay. For reference only.

Can I use it if I am paid monthly rather than annually?

Enter an annualized amount, or read the monthly equivalent (÷ 12). For reference only.

Does a negative raise rate (pay cut) work?

Yes. A negative rate is calculated as a decrease. For reference only.

Does the raise include bonuses and incentives?

Only the annual amount you enter is used. Whether to include bonuses follows the contract definition. For reference only.

Can I use this as negotiation material?

It is a rough reference. It may differ from company rules and contracts.

Does tax change a lot after a raise?

The pre-tax raise and the take-home raise can differ. Check the four major social insurances and withholding together. For reference only.

Salary Raise cover image
This calculator is for reference only. Actual finance or tax results may differ from institution notices or contracts.

Last reviewed: 2026-09-04