Average Child Psychotherapist Salary in Ulsan, South Korea for 2024

In this article, we will look at the average Child Psychotherapist salary for 2024 in Ulsan and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the South Korean won. To keep things simple, we are using the KRW currency code instead of the currency symbol โ‚ฉ.

How Much Does a Child Psychotherapist Make in Ulsan?

A Child Psychotherapist working in Ulsan will typically earn around 74,758,600 KRW per year, and this can range from the lowest average salary of about 34,441,600 KRW to the highest average salary of 118,801,500 KRW.

Average Annual Salary
74,758,600 KRW
Average Monthly Salary
6,229,883 KRW

Lowest Annual Salary
34,441,600 KRW
Lowest Monthly Salary
2,870,133 KRW

Highest Annual Salary
118,801,500 KRW
Highest Monthly Salary
9,900,125 KRW

These are average salaries for a Child Psychotherapist in Ulsan and include benefits such as housing and transport. It's also possible for a Child Psychotherapist to earn more or less than the average salaries shown above.

Child Psychotherapist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Child Psychotherapist Salaries in Ulsan

So we've looked at the average salaries a Child Psychotherapist will earn in Ulsan. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Child Psychotherapist can earn between 34,441,600 KRW and 118,801,500 KRW on average in Ulsan. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Child Psychotherapist in Ulsan is 80,759,700 KRW. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 80,759,700 KRW, and 50% of the population earn more than 80,759,700 KRW.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Child Psychotherapist salary in Ulsan, 25% of the population are earning less than 51,841,000 KRW while 75% of the population earn more than 51,841,000 KRW.

75% of the population earn less than 107,761,600 KRW, and 25% of the population earn more than 107,761,600 KRW.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Child Psychotherapist Salary by Experience Level in Ulsan

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average child psychotherapist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Child Psychotherapist in Ulsan that has less than two years of experience can expect to earn somewhere in the region of 39,001,000 KRW.
  • 2 - 5 Years Experience. With two to five years of experience the average Child Psychotherapist salary would increase to 52,078,500 KRW.
  • 5 - 10 Years Experience. From five to ten years of experience as a Child Psychotherapist, the average salary would be 77,041,100 KRW.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 93,958,100 KRW.
  • 15 - 20 Years Experience. A Child Psychotherapist with 15 to 20 years of experience can earn an average of 102,359,100 KRW.
  • 20+ Years Experience. For a Child Psychotherapist with more than 20 years, the expected average salary increases to 110,879,600 KRW.

Average Salary by Experience Chart

0-2 Years
39,001,000 KRW
2-5 Years +34%
52,078,500 KRW
5-10 Years +48%
77,041,100 KRW
10-15 Years +22%
93,958,100 KRW
15-20 Years +9%
102,359,100 KRW
20+ Years +8%
110,879,600 KRW

Child Psychotherapist Salary by Education Level in Ulsan

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Child Psychotherapist in Ulsan based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Child Psychotherapist in Ulsan with a bachelor's degree education can earn an average salary of 44,519,300 KRW.

  • Master's Degree. A Child Psychotherapist in Ulsan with a master's degree education can earn an average salary of 69,840,500 KRW.

  • PhD. A Child Psychotherapist in Ulsan with a phd education can earn an average salary of 117,119,900 KRW.

Average Salary by Education Chart

Bachelor's Degree
44,519,300 KRW
Master's Degree +57%
69,840,500 KRW
PhD +68%
117,119,900 KRW

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in South Korea is around 19,400,000 to 58,300,000 KRW and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Child Psychotherapist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Ulsan, a male child psychotherapist will earn an average of 71,039,200 KRW, while a female child psychotherapist will earn around 75,239,300 KRW.

This means that a male child psychotherapist earns approximately 6% less than a female child psychotherapist for performing the same job.

Average Salary by Gender Chart in Ulsan

Male
71,039,200 KRW
Female +6%
75,239,300 KRW

Child Psychotherapist Average Pay Raise in Ulsan

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Child Psychotherapist in Ulsan is around 13% every 18 months.

The national average pay raise across all professions and industries in South Korea is around 9% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 18 ) × 12  = 9%

What this means is that a Child Psychotherapist in Ulsan can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Ulsan for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in South Korea.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Child Psychotherapist Bonus and Incentive Rates in Ulsan

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Child Psychotherapist is a high bonus based job, with 83% of employees reporting at least one bonus in the last 12 months.

17% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
83%
No Bonus
17%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in South Korea earn approximately 6% more than private sector employees in the same role.

Public Sector
47,880,300 KRW
Private Sector -6%
45,239,100 KRW

Salaries for Jobs Similar to a Child Psychotherapist

In the table below, we have salary information for jobs that are similar to a Child Psychotherapist in Ulsan.

Job Title Category Salary
Activity Assistant Care Giving and Child Care 16,198,300 KRW
Advice Worker Care Giving and Child Care 18,958,500 KRW
Care Manager Care Giving and Child Care 59,640,200 KRW
Care Worker Care Giving and Child Care 16,320,700 KRW
Child Care Assistant Director Care Giving and Child Care 43,921,700 KRW
Child Care Specialist Care Giving and Child Care 65,878,200 KRW
Child Care Teacher Care Giving and Child Care 20,281,100 KRW
Child Development Center Assistant Care Giving and Child Care 28,078,900 KRW
Child Development Specialist Care Giving and Child Care 68,878,700 KRW
Child Life Specialist Care Giving and Child Care 63,241,900 KRW
Child Protection Officer Care Giving and Child Care 21,599,000 KRW
Child Support Officer Care Giving and Child Care 19,078,500 KRW
Clinical Care Coordinator Care Giving and Child Care 22,081,800 KRW
Clinical Officer Care Giving and Child Care 20,159,800 KRW
Custodian Care Giving and Child Care 32,161,000 KRW
Day Care Director Care Giving and Child Care 82,080,500 KRW
Elderly Care Giver Care Giving and Child Care 16,079,800 KRW
Group Home Manager Care Giving and Child Care 86,160,100 KRW
Kids Activity Assistant Care Giving and Child Care 15,599,800 KRW
Live In Carer Care Giving and Child Care 18,958,500 KRW
Nanny Care Giving and Child Care 19,200,400 KRW
Nursery Nurse Care Giving and Child Care 20,159,800 KRW
Nursery Teacher Care Giving and Child Care 17,640,500 KRW
Nursing Home Administrator Care Giving and Child Care 26,040,800 KRW
Personal Assistant Care Giving and Child Care 15,238,200 KRW
Physical Health and Wellness Specialist Care Giving and Child Care 72,718,100 KRW
Preschool Education Coordinator Care Giving and Child Care 30,721,900 KRW
Primary Therapist Care Giving and Child Care 52,918,800 KRW
Psychiatric Aide Care Giving and Child Care 24,000,900 KRW
Rehabilitation Counselor Care Giving and Child Care 61,561,100 KRW
Support Worker Care Giving and Child Care 17,278,100 KRW

Salary Comparison by City

If you want to compare salaries with different cities in South Korea, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Bucheon 67,321,200 KRW
Busan 79,200,600 KRW
Daegu 80,998,900 KRW
Daejeon 77,881,500 KRW
Goyang 71,761,200 KRW
Gwangju 74,879,200 KRW
Incheon 76,078,800 KRW
Seongnam 66,119,000 KRW
Seoul 82,321,100 KRW
Suweon 71,878,800 KRW

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  • "Average Child Psychotherapist Salary in Ulsan, South Korea for 2024". World Salaries. Accessed on April 27, 2024. https://worldsalaries.com/average-child-psychotherapist-salary-in-ulsan/south-korea/.

  • "Average Child Psychotherapist Salary in Ulsan, South Korea for 2024". World Salaries, https://worldsalaries.com/average-child-psychotherapist-salary-in-ulsan/south-korea/. Accessed 27 April, 2024

  • Average Child Psychotherapist Salary in Ulsan, South Korea for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-child-psychotherapist-salary-in-ulsan/south-korea/.