Payroll in South Korea
Payroll in South Korea runs in KRW (South Korean won). Monthly payroll cycle is standard. No universal statutory 13th-month bonus, though many employers pay regular bonuses as part of total compensation packages. Statutory employer contributions apply. Gracemark operates it end-to-end, humans, not tickets.
Two ways to run payroll in South Korea
Own-entity payroll
For long-term presence in South Korea. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity, with a named operator on Eastern Asia time.
EOR-run payroll
No entity in South Korea? Employ and pay talent under Gracemark's local infrastructure via EOR, onboard in 2–3 weeks (eor), no local incorporation.
Compliance essentials in South Korea
- Statutory severance: roughly one month's pay per year of service
- 52-hour weekly cap (40 + 12 overtime)
- Four mandatory insurances (pension, health, employment, accident)
- No statutory paid sick leave, companies set their own
- Strong engineering and hardware talent
Get a payroll quote for South Korea
Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline, no sales scripts.
Send the role, a selected worker or an existing-team requirement in South Korea. Get a written recommendation covering the model, cost categories, responsibilities and next steps. One hire is welcome; no meeting required.