Average Purchasing Manager Salary in North Korea for 2024

In this article, we will look at the average Purchasing Manager 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 a Purchasing Manager Make in North Korea?

A Purchasing Manager working in North Korea will typically earn around 2,759,700 KPW per year, and this can range from the lowest average salary of about 1,380,400 KPW to the highest average salary of 4,270,100 KPW.

Average Annual Salary
2,759,700 KPW
Average Monthly Salary
229,975 KPW

Lowest Annual Salary
1,380,400 KPW
Lowest Monthly Salary
115,033 KPW

Highest Annual Salary
4,270,100 KPW
Highest Monthly Salary
355,841 KPW

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

Purchasing Manager 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 Purchasing Manager Salaries in North Korea

So we've looked at the average salaries a Purchasing Manager will earn in North Korea. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Purchasing Manager can earn between 1,380,400 KPW and 4,270,100 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 a Purchasing Manager in North Korea is 2,759,700 KPW. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,759,700 KPW, and 50% of the population earn more than 2,759,700 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 Purchasing Manager salary in North Korea, 25% of the population are earning less than 1,858,200 KPW while 75% of the population earn more than 1,858,200 KPW.

75% of the population earn less than 3,514,400 KPW, and 25% of the population earn more than 3,514,400 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.

Purchasing Manager 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 purchasing manager 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 Purchasing Manager in North Korea that has less than two years of experience can expect to earn somewhere in the region of 1,655,500 KPW.
  • 2 - 5 Years Experience. With two to five years of experience the average Purchasing Manager salary would increase to 2,184,900 KPW.
  • 5 - 10 Years Experience. From five to ten years of experience as a Purchasing Manager, the average salary would be 2,928,100 KPW.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 3,490,200 KPW.
  • 15 - 20 Years Experience. A Purchasing Manager with 15 to 20 years of experience can earn an average of 3,769,500 KPW.
  • 20+ Years Experience. For a Purchasing Manager with more than 20 years, the expected average salary increases to 4,032,100 KPW.

Average Salary by Experience Chart

0-2 Years
1,655,500 KPW
2-5 Years +32%
2,184,900 KPW
5-10 Years +34%
2,928,100 KPW
10-15 Years +19%
3,490,200 KPW
15-20 Years +8%
3,769,500 KPW
20+ Years +7%
4,032,100 KPW

Purchasing Manager 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 a Purchasing Manager 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. A Purchasing Manager in North Korea with a high school education can earn an average salary of 2,076,600 KPW.

  • Certificate or Diploma. A Purchasing Manager in North Korea with a certificate or diploma education can earn an average salary of 2,362,300 KPW.

  • Bachelor's Degree. A Purchasing Manager in North Korea with a bachelor's degree education can earn an average salary of 3,205,100 KPW.

  • Master's Degree. A Purchasing Manager in North Korea with a master's degree education can earn an average salary of 4,032,100 KPW.

Average Salary by Education Chart

High School
2,076,600 KPW
Certificate or Diploma +14%
2,362,300 KPW
Bachelor's Degree +36%
3,205,100 KPW
Master's Degree +26%
4,032,100 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.

Purchasing Manager 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 purchasing manager will earn an average of 2,831,100 KPW, while a female purchasing manager will earn around 2,653,700 KPW.

This means that a male purchasing manager earns approximately 7% more than a female purchasing manager for performing the same job.

Average Salary by Gender Chart in North Korea

Male
2,831,100 KPW
Female -7%
2,653,700 KPW

Purchasing Manager 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 a Purchasing Manager in North Korea is around 5% every 32 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 ÷ 32 ) × 12  = 2%

What this means is that a Purchasing Manager 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%

Purchasing Manager 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.

A Purchasing Manager is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% 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 8%.

Received Bonus
63%
No Bonus
37%

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 a Purchasing Manager

In the table below, we have salary information for jobs that are similar to a Purchasing Manager in North Korea.

Job Title Category Salary
Adjudicator Construction / Building / Installation 917,700 KPW
Assembler Construction / Building / Installation 739,500 KPW
Boat Builder and Shipwright Construction / Building / Installation 1,084,200 KPW
Bricklayer Construction / Building / Installation 628,000 KPW
Building Administrator Construction / Building / Installation 1,004,500 KPW
Building Contracts Manager Construction / Building / Installation 3,553,500 KPW
Building Inspector Construction / Building / Installation 976,300 KPW
Building Monitor Construction / Building / Installation 743,100 KPW
Building Sales Manager Construction / Building / Installation 3,239,400 KPW
Cabinetmaker Construction / Building / Installation 807,900 KPW
Carpenter Construction / Building / Installation 906,000 KPW
Civil Engineer Construction / Building / Installation 2,281,800 KPW
Civil Technician Construction / Building / Installation 1,099,200 KPW
Concreter Construction / Building / Installation 727,400 KPW
Construction and Building Inspector Construction / Building / Installation 958,700 KPW
Construction and Maintenance Manager Construction / Building / Installation 1,870,400 KPW
Construction Assistant Construction / Building / Installation 943,800 KPW
Construction Coordinator Construction / Building / Installation 1,249,900 KPW
Construction Estimator Construction / Building / Installation 1,405,700 KPW
Construction Field Engineer Construction / Building / Installation 1,908,800 KPW
Construction General Manager Construction / Building / Installation 3,984,100 KPW
Construction Inventory Officer Construction / Building / Installation 810,500 KPW
Construction Manager Construction / Building / Installation 4,079,300 KPW
Construction Operations Manager Construction / Building / Installation 3,601,500 KPW
Construction Project Controls Manager Construction / Building / Installation 2,854,700 KPW
Construction Project Coordinator Construction / Building / Installation 2,314,800 KPW
Construction Project Engineer Construction / Building / Installation 2,254,400 KPW
Construction Project Manager Construction / Building / Installation 3,959,700 KPW
Construction Project Manager Construction / Building / Installation 3,984,100 KPW
Construction Project Planner Construction / Building / Installation 2,254,400 KPW
Construction Quality Control Manager Construction / Building / Installation 2,854,700 KPW
Construction Safety Officer Construction / Building / Installation 1,476,700 KPW
Construction Superintendent Construction / Building / Installation 1,391,600 KPW
Construction Supervisor Construction / Building / Installation 2,184,900 KPW
Construction Technical Assistant Construction / Building / Installation 862,400 KPW
Construction Technical Officer Construction / Building / Installation 958,700 KPW
Construction Technical Writer Construction / Building / Installation 890,100 KPW
Construction Technician Construction / Building / Installation 832,300 KPW
Construction Worker Construction / Building / Installation 658,300 KPW
Crane and Tower Operator Construction / Building / Installation 802,400 KPW
Crane Operator Construction / Building / Installation 778,900 KPW
Diesel Mechanic Construction / Building / Installation 769,500 KPW
Draughtsman Construction / Building / Installation 683,400 KPW
Drywall Installer Construction / Building / Installation 840,800 KPW
Electrical Draftsman Construction / Building / Installation 798,900 KPW
Electrical Engineering Supervisor Construction / Building / Installation 2,579,200 KPW
Electrical Engineering Technician Construction / Building / Installation 927,000 KPW
Electrical Supervisor Construction / Building / Installation 1,693,600 KPW
Electrician Construction / Building / Installation 1,212,800 KPW
Elevator Installer and Repairer Construction / Building / Installation 1,009,600 KPW
Engineer Construction / Building / Installation 2,161,200 KPW
Excavator Operator Construction / Building / Installation 743,300 KPW
Field Inspector Construction / Building / Installation 1,345,400 KPW
Floor Finisher Construction / Building / Installation 844,100 KPW
Floor Manager Construction / Building / Installation 1,273,300 KPW
Foreman Construction / Building / Installation 643,400 KPW
Frame and Truss Detailer Construction / Building / Installation 717,900 KPW
Furniture Finisher Construction / Building / Installation 756,700 KPW
Gas Technician Construction / Building / Installation 727,100 KPW
Handyman Construction / Building / Installation 712,100 KPW
Health and Safety Coordinator Construction / Building / Installation 923,000 KPW
Health and Safety Officer Construction / Building / Installation 1,047,900 KPW
Installation Manager Construction / Building / Installation 2,676,200 KPW
Installer Construction / Building / Installation 698,200 KPW
Insulation Installer Construction / Building / Installation 752,600 KPW
Labourer Construction / Building / Installation 615,000 KPW
Land Surveyor Construction / Building / Installation 1,037,600 KPW
Lift Technician Construction / Building / Installation 791,600 KPW
Maintenance Foreman Construction / Building / Installation 681,500 KPW
Material Tester Construction / Building / Installation 1,130,200 KPW
Model Maker Construction / Building / Installation 1,084,200 KPW
Order Picker Construction / Building / Installation 681,900 KPW
Painter Construction / Building / Installation 768,900 KPW
Pipe Layer Construction / Building / Installation 600,000 KPW
Pipe Welder Construction / Building / Installation 650,700 KPW
Pipefitter Construction / Building / Installation 608,500 KPW
Plumber Construction / Building / Installation 814,100 KPW
Property Coordinator Construction / Building / Installation 1,896,700 KPW
Quantity Estimator Construction / Building / Installation 1,428,800 KPW
Quantity Surveyor Construction / Building / Installation 1,487,200 KPW
Roof Slater and Tiler Construction / Building / Installation 713,900 KPW
Sheet Metal Mechanic Construction / Building / Installation 724,000 KPW
Sheet Metal Worker Construction / Building / Installation 641,900 KPW
Site Clerk Construction / Building / Installation 780,700 KPW
Site engineer Construction / Building / Installation 1,921,500 KPW
Site Leader Construction / Building / Installation 3,755,300 KPW
Stock Controller Construction / Building / Installation 1,069,800 KPW
Structural Steel Construction Worker Construction / Building / Installation 817,800 KPW
Technical Draughtsman Construction / Building / Installation 915,100 KPW
Tender Manager Construction / Building / Installation 3,432,600 KPW
Tendering Manager Construction / Building / Installation 3,239,400 KPW
Tower Crane Operator Construction / Building / Installation 767,500 KPW
Wall and Floor Tiler Construction / Building / Installation 719,100 KPW
Warehouse Manager Construction / Building / Installation 2,543,000 KPW
Welder Construction / Building / Installation 663,100 KPW
Welding Superintendent Construction / Building / Installation 852,900 KPW

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