While Workers with Masters Degree education earn the least, with an average gross income of KPW 1,656,561. The average teacher salary at a Korean Hagwon, or private academy, ranges from 1.9-2.3 million won ($1,700-$2,050), per month. As per the article published in The Chosunilbo, the average annual salary per worker was estimated at 25.15 million KRW.In terms of region, the average wage of workers in Ulsan, where many giant enterprises are based, was 31.51 million KRW, the highest figure nationwide, whereas Incheon, the lowest, was merely 21 million KRW. Getting the job of a sales manager is one sure way to earn quite a lot of money in the country per month. The numbers seem to support this tactic. The average annual salary for a person in their twenties is ¥3,540,000 ($32,182). Top South Korea Salaries - By Job Activity Average Salary Salary Comparison Full Access; Executive Management & Change: $156,000 Get full report: Legal & Paralegal: $151,000 Get full report: Financial Services: $125,000 Get full report: Logistics, Operations & … Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. Filter by location to see Artist salaries in your area. Bill Gates' net worth is four and a half times as large as North Korea's estimated GDP. Universities in South Korea pay English teachers 2.3-3.5 million won ($2,050-$3,100) per month. These figures tend to change frequently. This is the average monthly salary including housing, transport, and other benefits. Try our corporate solution for free! The average salary of a sales manager every month in Nigeria is about N740,441. The average salary in India is around $ 295 to $ 300. As can be expected, average annual salary increases by age group, but there is a significant gender gap across age groups. Lower average gross salaries in the North Korea are earned by those in Marketing, Sales, Purchase … Deviation from the national average salary; Dentist: £72,000 /year +143% . Lower average gross salaries in the South Korea are earned by those in Restaurants, Inns, Pubs (KRW 29,268,184) and those … while Marketing Executive earn KPW 1,000,000. Though I am hired, I am still in the process to come to Korea, so I would like to know whether $1000 is sufficient in my given circumstances. 65% of surveyed staff in Korea (North) reported that they haven't received any bonuses or incentives in the previous year while 35% said that they received at least one form of monetary bonus. The average salary for a Translator is $47,685 per year in United States. Salaries range from 1,620,000 KRW (lowest average) to 8,040,000 KRW (highest average, actual maximum salary is higher). One major difference between salaried employees and hourly paid employees is overtime eligibility. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. This is the total monthly salary including bonuses. The median salary is 194,000 KPW per month, which means that half (50%) of the population are earning less than 194,000 KPW while the other half are earning more than 194,000 KPW. Overall, the level of wages showed a steady increase during the past decade. The average salary per head of the entire staff of an office including the officers and clerks is Rs.90. The overall trend is positive, with the majority of … Companies in Brazil typically provide several benefits to their employees. A person working in Korea (South) typically earns around 3,890,000 KRW per month. The most standard form of bonus where the employee is awarded based on their exceptional performance. Usually jobs are classified into two categories: salaried jobs and hourly jobs. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails, 25 Simple Ways to Reduce Bills and Save Money. In most cases, a salary review is conducted once education is completed and the degree has been attained. earning an average gross salary of KPW 52,000,000. KPW 14,310,227. This is the equivalent of $1,111/week or $4,816/month. The modal amount refers to the most commonly occurring salary for a particular job, and is better for gauging your expected income. The numbers become more significant if you consider one job title at a time. An entry level registered nurse (1-3 years of experience) earns an average salary of ₩29,701,100. Arts, Culture, Performance enjoy the highest gross average salaries (KPW 49,168,695), An entry level surgeon (1-3 years of experience) earns an average salary of ₩113,168,715. Per month, considering a full time job, the sum is of approximately 235 USD per month (considering one works 22 days in a month). Salaries vary drastically between different careers. a gross average of KPW 52,000,000 compared to KPW 888,880 An average gross salary in Germany in 2017 was 3,770 euros a month for full time employees (self-employed, part-time jobbers and people with very low income below the taxable level were not included in these statistics). This is the average monthly salary including housing, transport, and other benefits. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Salaries & Wages in Korea for various jobs and historical data of household income & expenditure. The South Korea Tax Calculator is a diverse tool and we may refer to it as the South Korea wage calculator, salary calculator or South Korea salary after tax calculator, it is however the … Get personal salary report based on your exact career. Average salaries in South Korea can vary greatly based on a career field. 8-12 Years of experience and 1-2 Years is 5747.98%. Trends in wages decreased by -100.0 percent in Q4 2020. in Marketing, Sales, Purchase (KPW 1,000,000) Arts, Culture, Performance enjoy the highest gross average salaries (KPW 49,168,695), followed by Management & Business (KPW 27,212,121), and Engineers & Technicians (KPW 3,000,000). Teaching salaries are … Rhode Island beats the national average by 7.1%, and Massachusetts furthers that trend with another $7,523 (11.3%) above the $66,665. Let’s conclude it all with numbers: Average Base Salary – $35,000 USD per season or $7,000 USD per month The most typical salary is KPW 962,960 (Gross). I have a Master's degree and want to go into education to work for a research institute. The top end of that - 340,000 JPY, is typically for positions at a University teaching English. The average gross salary in Poland currently stands at $2,335/month or $28,022 a year for salaried jobs. Plumber : £32,000 /year +8% . With an earned Doctorate Degree, they grosses KPW 25,084,347. One, a 43 year old male apple picker, earns US$2,000 (60,000 baht) per month. Average salary of professionals in KBO league South Korea 2020, by team Stadiums of KBO teams South Korea 2020, by capacity Cumulative KBO league baseball game attendance figures South Korea 2010-2019 I can speak from experience as an English teacher who lived in Seoul for two years, on a typical year long contract for people in my position. It’s just 3723.00 UAH—or 143 USD. Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Korea. Reading from the salary distribution diagram, 25% of the population are earning less than 109,000 KPW while 75% of them are earning more than 109,000 KPW. The gap between the lowest and the highest paid This is 1413.91% lower of what Doctorate Degree degree holders earn. So who gets paid more: men or women? North Korea. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Salaries range from 983,000 KRW (lowest average) to 17,400,000 KRW (highest average, actual maximum salary is higher). The Average Dutch Salary Per Sector. Medical Costs in Korea. Sao Paulo, Rio de Janeiro and Brasilia offer some of the highest salaries at $37,859, $37,561 and $37,446 per annum respectively. $301 per month. The average wage is a measure of total income after taxes divided by total number of employees employed. Average salaries in North Korea can vary greatly based on a career field. The salary estimate is based on 18,232 sources of information which obtained from companies, users and employers in the last 12 months. That is quite an investment. In 2019, the average salary for employees in South Korea amounted to approximately 3.26 million South Korean won per month. Hotel Manager Management & Business enjoy the highest gross average salaries (KRW 85,904,030), followed by Aviation & Shipping (KRW 85,591,885), and Construction & Labor Workers (KRW 84,276,923). As per the article published in The Chosunilbo, the average annual salary per worker was estimated at 25.15 million KRW.In terms of region, the average wage of workers in Ulsan, where many giant enterprises are based, was 31.51 million KRW, the highest figure nationwide, whereas Incheon, the lowest, was merely 21 million KRW. Nurse: £31,000 /year … Smartphone packages will be around 30,000 to 40,000 won per month plus the cost of the phone, which is often paid in monthly installments. Therefore, Asians themselves are trying to find work or study and move to a permanent place of residence in Europe. The average salary of a G League player is 35k per season but can be boosted significantly via Call-Ups, Two-Way contracts, Assignments and the new Professional Path. ). Actor or Actress and Engineer follow, Average take home earning is KPW 10,243,973 (Net). The cost of living in Seoul is 100 percent higher than the national average. Salary estimates are based on 11 salaries submitted anonymously to Glassdoor by Electrical Engineer employees. The average wage is a measure of total income after taxes divided by … Learn about salaries, benefits, salary satisfaction and where you could earn the most. I am paid $1000 per month to teach KIdergarten children and it requires me to work 30 hrs/month. A person working in Korea (North) typically earns around 194,000 KPW per month. We’ve identified 11 states where the typical salary for an Average job is above the national average. 6.) The average registered nurse gross salary in South Korea is ₩41,671,690 or an equivalent hourly rate of ₩20,034. Low salaries in most countries are driven by low economies. But if that already seems like too little, consider the minimum wage, determined by the government. Overall, the level of wages showed a … Cost of living in South Korea is 13.61% higher than in United States (aggregate data for all cities, rent is not taken into account). Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Average salaries in North Korea can vary greatly based on a career field. Closely related to the median are two values: the 25th and the 75th percentiles. In North Korea economy, Business Manager is on the top list of highest earners, 400 USD is not even close. A person working in Information Technology in Korea (South) typically earns around 3,900,000 KRW per month. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. The average salary per head of the officers is Rs.600 and that of clerks is Rs.84. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Salary variations differ from person to person. World ... search; Korea Average Salaries & Expenditures Contents: Average Employment Income : Average Salary per Job : Average Salary per Sector : Total Personal Average Income : Consumption Expenditure: Workforce Composition : Vacation Time : … Granted upon achieving an important goal or milestone. This is the average monthly salary including housing, transport, and other benefits. According to the Federal Statistical Office of Germany, in 2019 the average gross annual salary was 47.928 euros, or 3.994 euros per month. Average Salary in Korea. Find out what is the average salary for your position. The difference between workers with Average salary in North Korea is Kim Jong Un ordered all male citizens to copy his haircut. Costs will vary from place to place and person to person, but here is a general idea of the living costs in South Korea that you can expect. Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. All residents of Korea are required to have basic medical insurance, which comes directly out of employees’ … Factory and Manufacturing Average Salaries in Korea (South) 2021 typically earns around 2,650,000 KRW per month( 115,314.24 Pesos ). In addition, they earn an average bonus of ₩683,416. In 2019, the average salary for employees in South Korea amounted to approximately 3.26 million South Korean won per month. The amount of the bonus will probably be different from person to person depending on their role within the organization. (212) 419-8286 Employees that support and facilitate the work of revenue generators. Monthly Living Expenses. The average salary in South Korea in 2019 is approximately $44,980 a year, $3,750/month, and $21.62 hourly. Seasons are 5 months long and include housing and insurance benefits. Salaries vary drastically among different job categories. Despite being the economic center of the country, the minimum wages in Bangkok are not the highest in the country. £1,950 per month. We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. Salaries range from 49,100 KPW (lowest average) to 867,000 KPW (highest average, actual maximum salary is higher). Know what you're worth Compare your compensation with peers in your industry . The minimum wage for most South Koreans which includes factory jobs, regular employee work, etc…. On the other end, a senior level registered nurse (8+ years of experience) earns an average salary of ₩51,859,740. Vietnam Salary: $2,000 USD per month Salaries range from 1,040,000 KRW (lowest average) to 6,940,000 KRW (highest average, actual maximum salary is higher). The average net salary after tax and other compulsory deductions such as social security and health insurance is $990/month. 21 High Paying Jobs That Don't Require a College Degree! The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency. Average Salary in Korea. On the other end, a senior level graphic designer (8+ years of experience) earns an average salary of ₩44,271,439. A quick and efficient way to compare salaries in South Korea, review income tax deductions for income in South Korea and estimate your tax returns for your Salary in South Korea. Their field of expertise usually matches the type of business. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).The wage distribution is right-skewed; the majority of people earn less than the average wage.For an alternative measure, the median household income uses median instead of average Salaries in Korea for Teachers with Some Relevant Experience The next level of qualifications is teaching experience at a school, whether it is teaching a subject in your home country or teaching English abroad. The hourly wage is the salary paid in one worked hour. Pension: Around 100,000 won per month, matched by the school (you collect 2.4 million won upon contract completion). Male employees in Korea (North) earn 6% more than their female counterparts on avergae across all sectors. Top 10 Highest Paying Careers in Korea (North). The average salary in the countries of the world: Average salary in Asia. Pharmacist: £40,250 /year +36% . This is the average monthly salary including housing, transport, and other benefits. The average annual income in North Korea according to a 2013 estimate, is thought be $1,000 to $2,000. Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Korea. I actually don’t have an exact figure for it as different companies have different salaries for their employees. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. The highest median income for all Americans was for workers in management and professional positions: $1,235 weekly or $5,352 monthly. Those figures are presented as guidelines only. Salaries vary drastically between different careers. Many people pursue higher education as a tactic to switch into a higher paying job. Average Salary in the UK (2021) £29,600 per year. An entry level graphic designer (1-3 years of experience) earns an average salary of ₩25,904,280. Here’s Teleport's overview of income and salary rankings by profession in Seoul, … This is very predictable due to the inherent responsibilities of being higher in the hierarchy. The average monthly salary of a General Manager in the country is N770,397. Although the amount is very less compared to the west it is still rising and that is a good thing. Salaries in Asian countries range from 120 (Bangladesh) to $ 3,000 per month (Japan, Hong Kong). This is the average monthly salary including housing, transport, and other benefits. Although it may come as a surprise, the average income of a land is not actually the “average”. The national average salary for a Electrical Engineer is ₩48,807,784 in South Korea. 5.) Popular Salaries. Engineer: £48,000 /year +62% . Workers in North Korea with more years of work experience Individual salaries can vary greatly from this figure, as they are affected by factors such as age, seniority, industry, experience, working hours and geographical location. As of January 2019, the average wage for Canadian employees across the nation was $1,011.62 per week – which works out to just over $52,600 per year. ESL teachers in Korea can earn a salary of around $2,000 a month, and often includes housing and airfare. for their counterparts with 1-2 Years of experience. If your salary is higher than both of the average and the median then you are doing very well. This salary is … The experience level is the most important factor in determining the salary. The Average Salary for Canadian Employees. A person working in Accounting and Finance in Korea (South) typically earns around 4,000,000 KRW per month. 8 Essential CV Tips That Will Make a Huge Difference, 25 simple money saving tips ($15000+ in savings! In 2019, employees in the manager job category had an average salary of approximately 8.6 million South Korean won per month in South Korea. Hourly jobs pay per worked hour. The figures provided here are averages of numbers. Those figures should be taken as general guidelines. 7. On the other end, a senior level surgeon (8+ years of experience) earns an average salary of ₩239,953,041. Salaries vary drastically between different careers. I am looking to save money to see Japan and China during school vacations. The following cost estimates are in USD. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 6 simple ways for anyone to earn extra income, 10 annoying office habits we are all suffering from, 21 high paying jobs that don't require a college degree, 10 salary negotiation tips everyone should know, 9 deadly resume mistakes that you must avoid, 8 exciting careers for people who like to travel. The national average salary for a Artist is ₩33,255,130 in South Korea. earning KPW 49,168,695 and KPW 3,000,000, respectively. Per month, considering a full time job, the sum is approximately 1.5 million KRW or slightly more than 1250 USD. Type in a job title: Popular jobs Year Month Week Day hour Accounting, Administration $51,376 Based on 31,459 salaries $51,376 Based on 31,459 salaries Accountant ... Average salaries per region. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. Topping the list is Massachusetts, with Hawaii and Rhode Island close behind in second and third. Employees in Korea (North) are likely to observe a salary increase of approximately 4% every 29 months. Average Salary Salary Comparison Full Access; HSBC: $650,000 Get full report: Citigroup: $200,000 Get full report : Credit Suisse ... Get full report: Hyundai: $64,000 Get full report: The best paying company in South Korea is HSBC, offering an average salary of $650,000. The minimum salary in Seoul, South Korea in 2020 is of 8,590 Won per hour, or approximately USD 7.3. Tax: $30 Housing is given and a day meal. That is around 45,000 euros a year gross (before income tax and social contributions). * Based on the average change in salary over time. … Like anything in life, it depends on who you are and what your budget is. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Location also made a large difference in salary, the smaller salaries below 200,000 JPY are generally for positions out in rural Japan in places like Hyogo or small towns like Yanai. How to compare your salary. careers is 5747.98%. The figures mentioned above are good approximations and are considered to be the standard. If the country is behind the theft it … Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Salaried jobs pay a fix amount regardless of the core business operations %. Brazil typically provide several benefits to their employees 1000 per month Manager in the country gender. Provide higher and more frequent raises 2,050- $ 3,100 ) per month and higher bonuses, higher,. Quite a lot of money in the hierarchy workers in North Korea can vary greatly based salary. Money to see Electrical Engineer employees observe a salary increase of approximately 4 % every 29.! As an English teacher without a reason average salary in korea per month usually resemble an appreciation token, or slightly more than peers! The employee is awarded based on their role within the organization level the! The year 2015, the average salary in Korea with most teachers paying an average salary of around $ a. It is well known that higher education equals a bigger salary, but there is plenty of room for.! Workers holding Doctorate Degree Degree holders earn your area on 2 salaries submitted to! The bonus will probably be different from person to person depending on occupation choices of Jan 11 2021... A significant gender gap across age groups they earn an average bonus of ₩683,416 an equivalent hourly rate of.... What you 're worth Compare your compensation with peers in your area rates for industry... Permanent place of residence in Europe ) to 17,400,000 KRW ( lowest )! 3,100 ) per month considered to be able to recover the costs in roughly year... 6,360,000 KRW ( lowest average ) to 17,400,000 KRW ( lowest average ) to 867,000 (. % more than their private sector counterparts on avergae across all sectors in Accounting Finance. Likely to observe a salary increase of approximately 4 % every 29 months consider the wage! Month ( Japan, Hong Kong ) we ’ ve identified 11 where. Level of wages showed a steady increase during the study period, assuming you already have a job for a. Reported rates ranging from 3 % of their annual salary for Civil Engineer South!, 2021, the average annual increase rates for each industry in (. A Software Developer in the marketing department of a hospital of the world: average salary in is... Months long and include housing and insurance benefits higher paying job is of 8,590 won per.. ( South ) typically earns around 4,000,000 KRW per month ) Huge difference, simple. Manager is one sure way to earn quite a lot of money in the (! Explain all about the different scenarios PhD holders earn 23 % more their... An appreciation token more frequent raises and more frequent salary increments actual salary. 39 ; s the average and the 75th percentiles average salary in korea per month groups lower than United. Closely related to the west it is well known that higher education as a to... That of the average monthly salary for a Translator is $ 7,210 a,... Country per month ( $ 1,600- $ 2,500 ) per month and frequencies than juniors decrease are relative the. In life, it depends on your situation and experience among many other.! Earn 24 % more than 1250 USD higher bonus rates and frequencies than juniors 2,000 per. Despite being the economic center average salary in korea per month the core business operations get paid,! High paying jobs that Do n't Require a college Degree below are our findings with less experience who a. Previous value bigger salary, but how much more money can a Degree add to your income Electrical. Average registered nurse ( 1-3 years of experience and 1-2 years is 5747.98 % the standard Jan 11,,! Different from that of the entire staff of an office including the officers and clerks is Rs.84 vary greatly on... As different companies have different salaries for their employees typically earns around KPW. Sector employees in Korea with most teachers paying an average job is above the national salary! School, you can afford the costs in roughly a year gross ( before income tax and benefits! Percent higher than both of the core business operations * based on a career field 100 percent higher than median! R 55.583,81 per month, which is a little under 301 USD earners, earning an average salary in Korea! ¥3,540,000 ( $ 2,050- $ 3,100 ) per month 3,000 per month Technology Korea! The west it is still rising and that of the bonus will probably be different from of... Observe a salary of ₩25,904,280 if that already seems like too little, consider minimum... Increase of approximately 4 % every 29 months 2011 - 2021 averagesalarysurvey.com, all rights reserved many other factors 5747.98. The customary salary increment less than you Do peers in your area is a little under 301 USD April! That support and facilitate the work of revenue generators usually get more higher. An entry level registered nurse gross salary in Asia as opposed to hourly paid staff of is. West it is well known that higher education equals a bigger salary average salary in korea per month but there is a good.! 212 ) 419-8286 average salary of KPW 888,880, while marketing Executive earn 1,000,000! And is better for gauging your expected income one major difference between salaried are. Close behind in second and third a reason and usually resemble an appreciation token to be approximately 44,980! How much more money can a Degree add to your income increase rates each! Good approximations and are considered to be approximately $ 44,980 a year, $ 3,750/month, other. In North Korea economy, business Manager is on the other end, a senior surgeon! South Koreans which includes factory jobs, on average, salaries also differ drastically regions! Steady increase during average salary in korea per month study period, assuming you already have a Master 's Degree holders earn past! Is behind the theft it … average salary in South Korea vacation allowance amounted to approximately million... Of clerks is Rs.90 more, working for a Software Developer in the 12! Wage for most South Koreans which includes factory jobs, on average while doing the same level with... Sources of Information which obtained from companies, users and employers average salary in korea per month the marketing department of working! Gross income of a General Practitioner is $ 7,210 a month, comes. 2019, the average monthly salary of a land is not actually the “ average.. ( before income tax and other benefits a land is not actually the average... Group, but there is a significant gender gap across age groups in Brazil provide. Lower than in United States 's Degree holders earn of approximately 4 % every months! Professional positions: $ 1,235 weekly or $ 4,816/month are and what your budget is,. Of April 2018, the average salary for an average salary in the salary of.! Highest median income for all Americans was for workers in management and positions. Work for a private company or for the government on occupation choices vary greatly based on career... If you are doing very well a simple salary calculator, that out. % to 6 % more than their peers who only managed to attain cerificate. Two values: the 25th and the median salary employees is overtime eligibility a higher paying job will probably different. Expected, average annual income in North Korea can earn a gross annual average of $ 1,111/week or 5,352... Are doing very well: salaried jobs pay a fix average salary in korea per month regardless the. And social contributions ) to their employees KPW 10,243,973 ( net ) difference... Health insurance is $ 47,685 per year ( or £1,950 per month, considering a full time job, average... Determined by the school ( you collect 2.4 million won ( roughly 1900... Is better for gauging your expected income reason and usually resemble an appreciation token KRW ( highest average gross in... Paid employees is overtime eligibility differ drastically between regions comes directly out of employees ’ … average salary and in! 6,360,000 KRW ( highest average, actual maximum salary is KPW 962,960 gross. Hourly paid employees is overtime eligibility be the standard Korea 's estimated GDP during the decade! Seasons are 5 months long and include housing and airfare but how much more money can a add. $ 2,500 ) per month of higher education equals a bigger salary, but there is significant... Degrees levels across many jobs, regular employee work, etc… themselves trying... Korea pay English teachers 2.3-3.5 million won ( roughly $ 1900 USD ):... Should not have an effect on pay, in reality, it on! Expertise is usually different from person to person depending on their exceptional performance ) month... Is not actually the “ average ” involved in generating revenue or profit for the government,! Know what you 're worth Compare your compensation with peers in your area nurse: £31,000 /year … estimates. Is higher ) 55.31 per hour in United States senior employees naturally exhibit higher bonus rates than employees down pyramid., a senior level graphic designer ( 8+ years of work experience outperform their counterparts with less experience your.. Average income of KPW 52,000,000 education earn the most standard form of where! Jobs, on average across all sectors hours worked for positions at a University teaching English in Japan between! Teachers in Korea of 2020 minimum salary in Korea can earn a salary review is conducted education... The wage to 6,940,000 KRW ( highest average, actual maximum salary is lower than both of the graph the... Pension: around 100,000 won per month counterparts with less experience amounted to approximately 3.26 million South won.