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Average Chief Executive Officer Salary in South Korea for 2026

A chief executive officer in South Korea earns about 105,358,700 KRW a year. That's 126% above the national average of 46,680,900 KRW.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in South Korea sit around 48,480,700 KRW a year, while the very top stretches to 167,999,600 KRW. Everything on this page is in South Korean won (KRW, symbol ₩), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in South Korea, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a chief executive officer make in South Korea?

Average salary
105,358,700 KRW
8,779,891 KRW per month
Lowest reported
48,480,700 KRW
4,040,058 KRW per month
Highest reported
167,999,600 KRW
13,999,966 KRW per month

A typical chief executive officer working in South Korea brings home around 8,779,891 KRW a month before tax. Entry-level pay starts near 48,480,700 KRW, and the top of the ladder reaches roughly 167,999,600 KRW for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior chief executive officer working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How chief executive officer pay ranges in South Korea

A good way to think about salary in South Korea is to look at the distribution rather than the headline average. Half of all chief executive officers in South Korea earn less than 113,881,000 KRW a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 73,081,700 KRW (the 25th percentile), and a quarter clear 152,398,600 KRW (the 75th percentile). The middle 50% of chief executive officers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 48,480,700 KRW. The highest stretch to 167,999,600 KRW, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

48,480,700
Low
113,881,000
Median
167,999,600
High
73,081,700
25th
152,398,600
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in KRW

Chief executive officer pay by experience in South Korea

Years of experience is the single biggest lever on pay for a chief executive officer in South Korea, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical chief executive officer salary changes as you move through the career ladder.

  • 0-2 Years
    55,081,300 KRW
  • 2-5 Years
    +34% from previous
    73,558,300 KRW
  • 5-10 Years
    +48% from previous
    108,600,300 KRW
  • 10-15 Years
    +22% from previous
    131,998,300 KRW
  • 15-20 Years
    +9% from previous
    144,001,700 KRW
  • 20+ Years
    +8% from previous
    156,000,100 KRW

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 48%. That is the point at which a chief executive officer typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Chief executive officer pay by education in South Korea

Education sits alongside experience as one of the biggest factors driving chief executive officer pay in South Korea. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average chief executive officer salary in South Korea broken down by the highest level of education a worker has completed.

  • High School
    49,678,100 KRW
  • Certificate or Diploma
    +24% from previous
    61,561,100 KRW
  • Bachelor's Degree
    +39% from previous
    85,440,100 KRW
  • Master's Degree
    +63% from previous
    139,199,500 KRW
  • PhD
    +20% from previous
    166,799,600 KRW

Chief executive officer gender pay gap in South Korea

The gender pay gap is a stubborn feature of almost every labour market, and South Korea is no exception. Male chief executive officers in South Korea earn an average of 109,438,100 KRW a year, while female chief executive officers earn around 101,400,600 KRW. That works out to a 8% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Chief Executive Officer gender pay gap

7%

Men earn this much more than women on average in South Korea.

Men 109,438,100 KRW
Women 101,400,600 KRW

Pay raises for a chief executive officer in South Korea

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in South Korea sees a raise of about 15% every 16 months, which works out to roughly 11% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in South Korea, the national average raise is around 9% every 16 months.

By industry

Industries with the highest pay raises in South Korea:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Chief executive officer bonus rates in South Korea

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

87%

87% of chief executive officers in South Korea reported a bonus of some kind in the past twelve months. That makes a chief executive officer a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 5% to 9% of base salary. The remaining 13% of chief executive officers reported no bonus at all over the same period.

Which careers pay bonuses in South Korea

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Chief executive officer: public vs private sector pay

Public-sector pay in South Korea is about 6% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in South Korea on average.

Public sector 47,880,300 KRW
Private sector 45,239,100 KRW

Chief executive officer salary by city in South Korea

Chief executive officer pay is not even across South Korea. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Seoul
  • Busan
  • Incheon
  • Daegu
  • Daejeon
  • Gwangju
  • Suweon
  • Ulsan
  • Goyang
  • Bucheon
LocationTypeAverageMedianRange
SeoulCity124,799,100 KRW119,399,100 KRW64,681,900-190,800,100 KRW
BusanCity111,480,700 KRW113,761,800 KRW54,600,600-174,000,900 KRW
IncheonCity110,521,000 KRW119,280,600 KRW50,759,100-175,200,500 KRW
DaeguCity109,438,100 KRW104,998,200 KRW56,879,200-166,799,600 KRW
DaejeonCity108,238,800 KRW110,399,400 KRW53,040,100-169,198,600 KRW
GwangjuCity107,161,400 KRW115,679,500 KRW49,318,100-170,399,900 KRW
SuweonCity105,960,300 KRW101,759,700 KRW55,081,300-162,000,100 KRW
UlsanCity105,600,200 KRW114,120,900 KRW48,601,200-167,999,600 KRW
GoyangCity104,398,800 KRW100,200,300 KRW54,239,900-159,601,400 KRW
BucheonCity100,798,800 KRW102,840,200 KRW49,438,400-157,201,600 KRW
SeongnamCity100,321,300 KRW102,359,100 KRW49,198,300-156,000,100 KRW


Chief Executive Officer in South Korea: FAQs

  • How much does a chief executive officer make per month in South Korea?

    A chief executive officer in South Korea earns about 8,779,891 KRW a month before tax, based on an annual average of 105,358,700 KRW.

  • What's the salary range for a chief executive officer in South Korea?

    Entry-level chief executive officers in South Korea start near 48,480,700 KRW. Top-end pay reaches around 167,999,600 KRW. The middle 50% of earners sit between 73,081,700 and 152,398,600 KRW.

  • Is the median chief executive officer salary in South Korea higher or lower than the average?

    The median is 113,881,000 KRW, higher than the average of 105,358,700 KRW. Half of chief executive officers in South Korea earn below the median, half earn above it.

  • What's the gender pay gap for chief executive officers in South Korea?

    Men working as a chief executive officer in South Korea earn around 8% more than women on average (109,438,100 vs 101,400,600 KRW a year).

  • Do chief executive officers in South Korea get bonuses?

    About 87% of chief executive officers in South Korea reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.

  • Do chief executive officers earn more in the public or private sector in South Korea?

    In South Korea, the public sector pays a chief executive officer about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do chief executive officers in South Korea get a pay raise?

    A chief executive officer in South Korea sees a raise of around 15% every 16 months, equivalent to roughly 11% a year.