The pay gap between executives and rank-and-file employees of large companies in South Korea has eased slightly, but is still more than 10-fold, according to a recent survey.
The pay gap between executives and rank-and-file employees of large companies in South Korea has eased slightly, but is still more than 10-fold, according to a recent survey.
The survey reported an average annual remuneration of just over 230 million won for executives and just over 20 million won for employees.
The amounts mark a double-digit decline in the salaries of executives and a single-digit increase in the salaries of employees.
The study was conducted on over 200 major listed companies in South Korea.
The survey reported an average annual remuneration of just over 230 million won for executives and just over 20 million won for employees.
The amounts mark a double-digit decline in the salaries of executives and a single-digit increase in the salaries of employees.
The study was conducted on over 200 major listed companies in South Korea.
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