Average Inventory Coordinator Salary in North Korea for 2024

In this article, we will look at the average Inventory Coordinator salary for 2024 in North Korea 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 North Korean won. To keep things simple, we are using the KPW currency code instead of the currency symbol โ‚ฉ.

How Much Does an Inventory Coordinator Make in North Korea?

An Inventory Coordinator working in North Korea will typically earn around 1,004,500 KPW per year, and this can range from the lowest average salary of about 524,400 KPW to the highest average salary of 1,537,500 KPW.

Average Annual Salary
1,004,500 KPW
Average Monthly Salary
83,708 KPW

Lowest Annual Salary
524,400 KPW
Lowest Monthly Salary
43,700 KPW

Highest Annual Salary
1,537,500 KPW
Highest Monthly Salary
128,125 KPW

These are average salaries for an Inventory Coordinator in North Korea and include benefits such as housing and transport. It's also possible for an Inventory Coordinator to earn more or less than the average salaries shown above.

Inventory Coordinator 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 Inventory Coordinator Salaries in North Korea

So we've looked at the average salaries an Inventory Coordinator will earn in North Korea. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Inventory Coordinator can earn between 524,400 KPW and 1,537,500 KPW on average in North Korea. 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 an Inventory Coordinator in North Korea is 965,800 KPW. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 965,800 KPW, and 50% of the population earn more than 965,800 KPW.

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 Inventory Coordinator salary in North Korea, 25% of the population are earning less than 670,600 KPW while 75% of the population earn more than 670,600 KPW.

75% of the population earn less than 1,198,300 KPW, and 25% of the population earn more than 1,198,300 KPW.

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.

Inventory Coordinator Salary by Experience Level in North Korea

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 inventory coordinator 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. An Inventory Coordinator in North Korea that has less than two years of experience can expect to earn somewhere in the region of 592,600 KPW.
  • 2 - 5 Years Experience. With two to five years of experience the average Inventory Coordinator salary would increase to 798,900 KPW.
  • 5 - 10 Years Experience. From five to ten years of experience as an Inventory Coordinator, the average salary would be 1,037,600 KPW.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,259,300 KPW.
  • 15 - 20 Years Experience. An Inventory Coordinator with 15 to 20 years of experience can earn an average of 1,369,700 KPW.
  • 20+ Years Experience. For an Inventory Coordinator with more than 20 years, the expected average salary increases to 1,440,700 KPW.

Average Salary by Experience Chart

0-2 Years
592,600 KPW
2-5 Years +34%
798,900 KPW
5-10 Years +30%
1,037,600 KPW
10-15 Years +21%
1,259,300 KPW
15-20 Years +9%
1,369,700 KPW
20+ Years +5%
1,440,700 KPW

Inventory Coordinator Salary by Education Level in North Korea

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 an Inventory Coordinator in North Korea based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Inventory Coordinator in North Korea with a high school education can earn an average salary of 706,200 KPW.

  • Certificate or Diploma. An Inventory Coordinator in North Korea with a certificate or diploma education can earn an average salary of 1,009,200 KPW.

  • Bachelor's Degree. An Inventory Coordinator in North Korea with a bachelor's degree education can earn an average salary of 1,391,600 KPW.

Average Salary by Education Chart

High School
706,200 KPW
Certificate or Diploma +43%
1,009,200 KPW
Bachelor's Degree +38%
1,391,600 KPW

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 North Korea is around 971,000 to 2,910,000 KPW 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.

Inventory Coordinator 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 North Korea, a male inventory coordinator will earn an average of 1,069,800 KPW, while a female inventory coordinator will earn around 965,000 KPW.

This means that a male inventory coordinator earns approximately 11% more than a female inventory coordinator for performing the same job.

Average Salary by Gender Chart in North Korea

Male
1,069,800 KPW
Female -11%
965,000 KPW

Inventory Coordinator Average Pay Raise in North Korea

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 an Inventory Coordinator in North Korea is around 5% every 29 months.

The national average pay raise across all professions and industries in North Korea is around 4% every 29 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 = ( 5 ÷ 29 ) × 12  = 2%

What this means is that an Inventory Coordinator in North Korea can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in North Korea for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Inventory Coordinator Bonus and Incentive Rates in North Korea

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.

An Inventory Coordinator is a low bonus based job, with 9% of employees reporting at least one bonus in the last 12 months.

91% 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 1% to 3%.

Received Bonus
9%
No Bonus
91%

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 North Korea earn approximately 8% more than private sector employees in the same role.

Public Sector
2,401,300 KPW
Private Sector -8%
2,230,100 KPW

Salaries for Jobs Similar to an Inventory Coordinator

In the table below, we have salary information for jobs that are similar to an Inventory Coordinator in North Korea.

Job Title Category Salary
All Rounder Food / Hospitality / Tourism / Catering 993,600 KPW
Assistant Executive Housekeeper Food / Hospitality / Tourism / Catering 745,000 KPW
Assistant Food and Beverage Controller Food / Hospitality / Tourism / Catering 1,333,900 KPW
Assistant Food and Beverage Director Food / Hospitality / Tourism / Catering 3,168,300 KPW
Assistant Hospitality Manager Food / Hospitality / Tourism / Catering 3,205,100 KPW
Assistant Storekeeper Food / Hospitality / Tourism / Catering 639,900 KPW
Assistant Tour Manager Food / Hospitality / Tourism / Catering 1,487,200 KPW
Baker and Pastrycook Food / Hospitality / Tourism / Catering 810,400 KPW
Bakery Manager Food / Hospitality / Tourism / Catering 1,835,700 KPW
Bakery Superintendent Food / Hospitality / Tourism / Catering 1,174,600 KPW
Banquet Captain Food / Hospitality / Tourism / Catering 983,100 KPW
Banquet Manager Food / Hospitality / Tourism / Catering 1,259,300 KPW
Banquet Server Food / Hospitality / Tourism / Catering 767,000 KPW
Bar Attendant Food / Hospitality / Tourism / Catering 803,400 KPW
Bar Manager Food / Hospitality / Tourism / Catering 1,594,500 KPW
Bar Supervisor Food / Hospitality / Tourism / Catering 1,113,100 KPW
Barista Food / Hospitality / Tourism / Catering 965,800 KPW
Bartender Food / Hospitality / Tourism / Catering 965,000 KPW
Bellman Food / Hospitality / Tourism / Catering 773,400 KPW
Beverage Manager Food / Hospitality / Tourism / Catering 1,990,300 KPW
Bistro Attendant Food / Hospitality / Tourism / Catering 807,900 KPW
Buffet Chef Food / Hospitality / Tourism / Catering 1,487,200 KPW
Buffet Host Food / Hospitality / Tourism / Catering 739,500 KPW
Buffet Manager Food / Hospitality / Tourism / Catering 1,668,900 KPW
Butcher and Slaughterer Food / Hospitality / Tourism / Catering 637,500 KPW
Cafeteria Assistant Food / Hospitality / Tourism / Catering 843,600 KPW
Cafeteria Manager Food / Hospitality / Tourism / Catering 1,464,200 KPW
Cafeteria Supervisor Food / Hospitality / Tourism / Catering 1,035,500 KPW
Cake Decorator Food / Hospitality / Tourism / Catering 879,700 KPW
Casino Shift Manager Food / Hospitality / Tourism / Catering 2,724,700 KPW
Chain Store Customer Support Food / Hospitality / Tourism / Catering 1,296,900 KPW
Chef Food / Hospitality / Tourism / Catering 1,524,300 KPW
Chef De Cuisine Food / Hospitality / Tourism / Catering 2,100,900 KPW
Club Manager Food / Hospitality / Tourism / Catering 2,759,700 KPW
Cluster Director Food / Hospitality / Tourism / Catering 3,622,400 KPW
Cluster Revenue Manager Food / Hospitality / Tourism / Catering 2,878,300 KPW
Cocktail Server Food / Hospitality / Tourism / Catering 802,400 KPW
Coffee Shop Manager Food / Hospitality / Tourism / Catering 2,782,600 KPW
Concierge Food / Hospitality / Tourism / Catering 727,400 KPW
Confectionery Baker Food / Hospitality / Tourism / Catering 932,000 KPW
Conference and Sales Coordinator Food / Hospitality / Tourism / Catering 1,380,400 KPW
Conference Services Manager Food / Hospitality / Tourism / Catering 1,655,500 KPW
Cook Food / Hospitality / Tourism / Catering 1,273,300 KPW
Corporate Sous Chef Food / Hospitality / Tourism / Catering 2,221,600 KPW
Corporate Travel Consultant Food / Hospitality / Tourism / Catering 2,184,900 KPW
Croupier Food / Hospitality / Tourism / Catering 1,067,300 KPW
Culinary Assistant Food / Hospitality / Tourism / Catering 687,100 KPW
Culinary Associate Food / Hospitality / Tourism / Catering 694,700 KPW
Demi Chef Food / Hospitality / Tourism / Catering 1,560,800 KPW
Dietary Aide Food / Hospitality / Tourism / Catering 1,487,200 KPW
Dining Room Supervisor Food / Hospitality / Tourism / Catering 1,405,700 KPW
Dishwasher Food / Hospitality / Tourism / Catering 633,300 KPW
Duty Manager Food / Hospitality / Tourism / Catering 1,765,300 KPW
Events Coordinator Food / Hospitality / Tourism / Catering 1,147,600 KPW
Executive Chef Food / Hospitality / Tourism / Catering 1,811,000 KPW
Executive Pastry Chef Food / Hospitality / Tourism / Catering 1,369,700 KPW
Fast Food Cook Food / Hospitality / Tourism / Catering 1,224,800 KPW
Fast Food Shift Supervisor Food / Hospitality / Tourism / Catering 1,259,300 KPW
Fine Dining Cook Food / Hospitality / Tourism / Catering 2,184,900 KPW
Fine Dining Restaurant Chef Food / Hospitality / Tourism / Catering 2,076,600 KPW
Fleet Manager Food / Hospitality / Tourism / Catering 3,610,800 KPW
Food and Beverage Manager Food / Hospitality / Tourism / Catering 2,698,900 KPW
Food Consultant Food / Hospitality / Tourism / Catering 2,254,400 KPW
Food Safety Coordinator Food / Hospitality / Tourism / Catering 1,693,600 KPW
Food Server Food / Hospitality / Tourism / Catering 727,100 KPW
Food Service Director Food / Hospitality / Tourism / Catering 2,773,700 KPW
Food Service Manager Food / Hospitality / Tourism / Catering 3,118,900 KPW
Food Service Sales Food / Hospitality / Tourism / Catering 1,811,000 KPW
Food Service Worker Food / Hospitality / Tourism / Catering 772,700 KPW
Front Desk Agent Food / Hospitality / Tourism / Catering 896,700 KPW
Front Desk Clerk Food / Hospitality / Tourism / Catering 864,900 KPW
Front Office Manager Food / Hospitality / Tourism / Catering 1,547,500 KPW
Guest Service Executive Food / Hospitality / Tourism / Catering 2,543,000 KPW
Guest Service Representative Food / Hospitality / Tourism / Catering 1,009,200 KPW
Head Chef Food / Hospitality / Tourism / Catering 1,882,700 KPW
Head Concierge Food / Hospitality / Tourism / Catering 1,189,900 KPW
Hospitality Director Food / Hospitality / Tourism / Catering 4,355,800 KPW
Hostess / Host Food / Hospitality / Tourism / Catering 882,400 KPW
Hotel Desk Clerk Food / Hospitality / Tourism / Catering 903,500 KPW
Hotel Maid Food / Hospitality / Tourism / Catering 664,500 KPW
Hotel Manager Food / Hospitality / Tourism / Catering 4,380,400 KPW
Hotel Sales Manager Food / Hospitality / Tourism / Catering 3,192,300 KPW
Hotel Service Supervisor Food / Hospitality / Tourism / Catering 2,495,600 KPW
Hotel Staff Food / Hospitality / Tourism / Catering 816,000 KPW
Kitchen Manager Food / Hospitality / Tourism / Catering 1,537,500 KPW
Kitchen Staff Food / Hospitality / Tourism / Catering 774,200 KPW
Kitchen Supervisor Food / Hospitality / Tourism / Catering 1,235,600 KPW
Line Cook Food / Hospitality / Tourism / Catering 1,380,400 KPW
Luggage Porter Food / Hospitality / Tourism / Catering 650,800 KPW
Motel Manager Food / Hospitality / Tourism / Catering 2,352,500 KPW
Pastry Chef Food / Hospitality / Tourism / Catering 1,198,300 KPW
Pastrycooking and Baking Assistant Food / Hospitality / Tourism / Catering 810,500 KPW
Production Operator Food / Hospitality / Tourism / Catering 1,249,900 KPW
Quality, Health and Safety Coordinator Food / Hospitality / Tourism / Catering 1,369,700 KPW
Receptionist Food / Hospitality / Tourism / Catering 899,200 KPW
Regional Restaurant Manager Food / Hospitality / Tourism / Catering 3,395,900 KPW
Restaurant Manager Food / Hospitality / Tourism / Catering 2,928,100 KPW
Restaurant Server Food / Hospitality / Tourism / Catering 751,100 KPW
Room Reservations Manager Food / Hospitality / Tourism / Catering 2,941,000 KPW
Room Service Manager Food / Hospitality / Tourism / Catering 2,819,600 KPW
Sous Chef Food / Hospitality / Tourism / Catering 1,583,700 KPW
Special Events Coordinator Food / Hospitality / Tourism / Catering 1,835,700 KPW
Supervisor of Food Services Food / Hospitality / Tourism / Catering 2,110,600 KPW
Tour Consultant Food / Hospitality / Tourism / Catering 2,173,000 KPW
Tour Guide Food / Hospitality / Tourism / Catering 1,440,700 KPW
Tour Manager Food / Hospitality / Tourism / Catering 1,921,500 KPW
Travel Agent Food / Hospitality / Tourism / Catering 1,450,700 KPW
Travel Consultant Food / Hospitality / Tourism / Catering 2,242,500 KPW
Waiter / Waitress Food / Hospitality / Tourism / Catering 735,500 KPW

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