For every Filipino worker in the land of the morning calm, the most exciting day is payday. However, many workers do not know exactly how to calculate your salary in South Korea. Understanding your pay stub (월급명세서) is crucial to ensuring you receive every won you have worked for. In this comprehensive guide, Teacher Nova will break down the 2026 minimum wage and show you the exact formulas to calculate your salary in South Korea effectively.

Note on Currency: All Peso (PHP) conversions below are estimated at 1 KRW = 0.042 PHP. Please check current rates as they may change.

(Maaaring magbago ang halaga ng Peso depende sa kasalukuyang palitan ng pera.)

1. The Foundation: 2026 Minimum Wage

To accurately calculate your salary in South Korea, you must start with the legal minimum wage. The South Korean government reviews this every year. For 2026, the hourly wage is approximately 10,260 KRW. This means if you work the standard 209 hours per month (which includes paid weekly rest hours), your basic monthly salary is:

• Monthly Basic Salary: 2,144,340 KRW (≈ 90,062 PHP)

Ang basic na sahod ay nakabase sa minimum wage. Para ma-calculate your salary in South Korea, kailangang alam mo na ang 209 hours ay kasama na ang paid weekly rest days.

2. Calculating Extra Allowances (The Real Money)

Most EPS workers earn more than the basic pay through overtime. Here is the secret to calculate your salary in South Korea when you work extra hours:

3. Don’t Forget the Severance Pay (Toejik-geum)

A huge part of your long-term income is the severance pay. When you calculate your salary in South Korea for your entire contract, remember that if you work for more than one year at the same company, you are entitled to “Toejik-geum.”

For example, if you work for 4 years, you may receive around 8,577,360 KRW (≈ 360,249 PHP) as a lump sum upon leaving. This is your retirement fund for a new business in the Philippines!

4. Understanding Mandatory Deductions

Your net pay will be your gross pay minus about 8% to 10% for the following mandatory insurances. Although it feels like a deduction, most of these provide you with security:

• National Pension: 4.5% (Refundable when you return to PH!)
• Health Insurance: High-quality medical care in Korea.
• Income Tax: Small tax based on your earnings.

5. Step-by-Step Practical Calculation Example

Let’s calculate your salary in South Korea for a typical busy month with 30 hours of overtime and 10 hours of night shift:

6. Final Tips from Teacher Nova

To successfully calculate your salary in South Korea every month, I recommend using a “Salary Note” app. Input your hours daily. Having your own records makes you a smart and respected worker in Korea.

Gumamit ng Salary Note app para ma-track ang iyong oras bawat araw. Ang tamang kaalaman sa sahod ay susi sa iyong tagumpay!

Success in Korea is not just about working hard, but also about knowing your rights. Follow Teacher Nova on KNOVA.KR for the most accurate guides for Filipinos in Korea!

For many Filipinos working under the EPS system, knowing how to remit money from Korea to Philippines with the best exchange rates is essential. Managing your hard-earned salary wisely starts with choosing the right service provider. In this guide, Teacher Nova will explain the most reliable methods to remit money from Korea to Philippines using mobile apps that offer low fees and high security.

1. Why Use Mobile Apps to Remit Money from Korea to Philippines?

In the past, many workers had to visit physical banks, which was time-consuming and expensive due to high bank fees. However, now you can remit money from Korea to Philippines 24/7 using your smartphone. These apps are specifically designed for foreign workers, offering:

• Better Exchange Rates: Higher than traditional commercial banks.
• Lower Service Fees: Often starting from just 5,000 KRW.
• Tagalog Support: No need to worry about language barriers.
• Speed: Real-time transfer to major Philippine banks like BDO, BPI, and Metrobank.

Dati, kailangan pang pumunta sa bangko para magpadala ng pera. Ngayon, mas madali na ang mag-remit money from Korea to Philippines gamit ang mobile apps. Mas mataas ang palitan at mas mababa ang fees kumpara sa mga lumang paraan.

2. Comparison of Top Remittance Apps

To remit money from Korea to Philippines effectively, you should compare these three major players:

3. Step-by-Step Instructions to Remit Money from Korea to Philippines

Step 1: Identity Verification (Registration)

To start your journey to remit money from Korea to Philippines, you must register your ARC (Alien Registration Card). The Korean government requires this to prevent money laundering. Simply take a clear photo of your ID and upload it to the app.

Kailangan mong i-verify ang iyong account gamit ang ARC. Siguraduhing malinaw ang kuha ng litrato para mabilis na ma-approve ang iyong registration.

Step 2: Link Your Salary Account

Most apps use “Open Banking.” By linking your Korean bank account (NH Bank, IBK, etc.), the app can automatically withdraw the amount you wish to transfer. This makes it incredibly convenient to remit money from Korea to Philippines every payday.

Step 3: Choose Your Payout Method

You can send money directly to a bank account, a mobile wallet like GCash or PayMaya, or for cash pick-up at locations like Cebuana Lhuillier or Palawan Pawnshop.

4. Common Mistakes to Avoid

When you remit money from Korea to Philippines, avoid these mistakes to save money:

• Ignoring the Daily Limit: There are legal limits on how much you can send per year (usually $50,000 USD). Check your remaining limit in the app.
• Not Checking Promo Codes: Many apps offer “First Transfer Free” or referral bonuses. Always look for coupons before hitting the send button.
• Incorrect Account Details: Double-check the recipient’s name and account number. Correcting a wrong transfer can take weeks.

Huwag kalimutang i-check ang promo codes para makatipid sa fees. Siguraduhin ding tama ang account details ng iyong papadalhan para iwas aberya.

5. Summary and Final Thoughts

The ability to remit money from Korea to Philippines easily is a great advantage for Filipino workers today. By using professional apps like Sentbe, Hanpass, or GME, you ensure that more of your money goes to your family and less to bank fees. Always stay updated with the latest exchange rates to maximize your remittance.

Follow Teacher Nova on KNOVA.KR for more practical guides on Work and Life in Korea! We help you succeed not just in the EPS-TOPIK exam, but in your real life in South Korea.

Ang tagumpay ay hindi lang sa pagpasa ng exam, kundi sa tamang paghawak ng iyong kinikita. I-follow ang Teacher Nova para sa mas marami pang tips!