Good news for every EPS worker! 🎉 The Korean government has officially fixed the 2027 minimum wage at 10,700 KRW per hour (≈ ₱505 · $8.07). It starts on January 1, 2027 and applies to all workplaces in every industry — and that includes foreign workers on the E-9 visa. In this guide, Teacher Nova shows you exactly how much you will earn and how to check your pay slip.
🇵🇭 Magandang balita! Opisyal nang 10,700 KRW kada oras ang minimum wage sa 2027, simula Enero 1, 2027. Para ito sa lahat ng workplace — kasama ang mga EPS worker.
📌 1. 2027 Minimum Wage at a Glance
| 2026 | 2027 | |
|---|---|---|
| Hourly (시급) | 10,320 KRW ≈ ₱488 ≈ $7.79 |
10,700 KRW ≈ ₱505 ≈ $8.07 |
| Monthly (월급, 209 hours) | 2,156,880 KRW ≈ ₱101,900 ≈ $1,630 |
2,236,300 KRW ≈ ₱105,600 ≈ $1,690 |
| Increase | — | +380 KRW/hour (+3.7%) ≈ ₱18 ≈ $0.29 per hour |
🧮 2. How Much Will You Earn in 2027?
Your basic monthly pay will be at least 2,236,300 KRW (≈ ₱105,600 · $1,690) before deductions if you work 40 hours a week. That is about 79,000 KRW more per month (≈ ₱3,750 · $60) than in 2026 — roughly 950,000 KRW more per year (≈ ₱45,000 · $720)!
Overtime makes a big difference. In workplaces with 5 or more employees, overtime, night work (10 PM–6 AM) and holiday work are paid extra:
| Type of work | Rate | 2027 hourly pay |
|---|---|---|
| Overtime (연장근로) | × 1.5 | 16,050 KRW ≈ ₱758 ≈ $12.11 |
| Night work (야간근로) | + 0.5 extra | +5,350 KRW ≈ ₱253 ≈ $4.04 |
| Holiday work (휴일근로, up to 8h) | × 1.5 | 16,050 KRW ≈ ₱758 ≈ $12.11 |
Basic pay 2,236,300 + overtime 43 × 16,050 = 690,150
➡️ About 2,926,450 KRW a month (≈ ₱138,200 · $2,210) before deductions.
👉 Want to calculate your own pay with deductions (insurance, tax)? Read: How to Calculate Your Salary in South Korea
🇵🇭 Mas malaki ang kita kapag may overtime: 1.5 beses ang bayad sa overtime at holiday work, at may dagdag na 0.5 para sa night work (10 PM–6 AM) sa workplace na may 5 o higit pang empleyado.
✅ 3. What EPS Workers Should Check in January 2027
- Your hourly wage on the pay slip (급여명세서) must be at least 10,700 KRW for work from January 1, 2027.
- Your contract: if your contract says “minimum wage,” your pay should go up automatically.
- Deductions for housing or meals: these should follow your contract and your agreement — ask your company if you do not understand them.
- Keep records: write down your working hours and keep your pay slips. They help if there is a problem.
🗣️ 4. Korean Words for Your Pay Slip
| Korean [Real Sound] | English |
|---|---|
| 최저임금 [최저임금] | minimum wage |
| 시급 [시급] | hourly wage |
| 월급 [월급] | monthly salary |
| 연장근로 [연장글로] | overtime work |
| 야간근로 [야간글로] | night work |
| 급여명세서 [그벼명세서] | pay slip |
“내년 최저임금은 시급 만 칠백 원이에요.”
(Next year’s minimum wage is 10,700 won per hour.)
📚 More Guides for EPS Workers
- How to Calculate Your Salary in South Korea (2026)
- How to Open a Bank Account in Korea as a Foreign Worker
- How to Send Money from Korea to the Philippines
- Leaving Korea? 3 Payments EPS Workers Should Claim
📎 Sources: Minimum Wage Commission decision (July 14, 2026) and Ministry of Employment and Labor official announcement (August 5, 2026), as reported by Yonhap via Daum News and Segye Ilbo. Exchange rates: KRW to PHP (Oct 19, 2026), USD/KRW close (Oct 21, 2026). This guide is general information, not legal advice — check your own contract and ask the official counseling center (☎ 1350) for your case.