Pay Raise Calculator for Wage Agreements (Hyundai, Kia… “basic pay +₩X” in your pay)

How it works

New base pay = current base + raise in won, or current base × (1 + raise %). Yearly pay = base × 12 + other monthly pay × 12 + base × bonus % ÷ 100. Because many bonuses are a multiple of base pay, a base raise lifts them too — that part is shown separately. A one-off lump sum counts in the first year only. Overtime and night-work pay that depend on ordinary wages also rise but are not included. Before-tax amounts. Independent calculator, not affiliated with any company or union.

⚠ Estimates for information only — not financial advice.

FAQ

Why does a ₩100,000 raise add more than ₩1.2 million a year?

Bonuses paid as a percentage of base pay rise too. With 500% in base-pay bonuses, ₩100,000 more per month adds ₩1.2 million in salary and ₩500,000 in bonuses.

Is the lump sum part of my salary next year?

No. A one-off payment is paid once; it does not raise next year’s base.

Checked 11 Nov 2026. Pay arithmetic. Enter the raise from your own collective agreement; news reports of a wage deal give the base-pay raise but not your personal allowances.