News summary on the way home from work, evening briefing.
Last year, salaries of office workers increased, setting a new record.
The average annual salary is over 40 million won, and there are over 1 million office workers who receive a 'billion dollar annual salary', both of which are said to be the first.
Billionaires make up 5.6% of all salaried workers.
Did your salary go up too?
Average annual salary of 40 million won ↑ 'Billionaire' is 1 million people
The National Tax Service has released a data called 'National Tax Statistics for the 4th Quarter of 2022'.
Last year, the average annual salary of office workers was tallied at 40.24 million won before taxes, which is 3.35 million won per month.
It is said to be the first time that the average annual salary has risen to 40 million won.
The average salary of office workers in 2020 was 38.28 million won, so it increased by 5.1%.
However, it may be difficult to feel the increase in salary due to high prices.
By region, Sejong has the highest average annual salary per capita at 47.2 million won.
It is followed by Seoul with 46.57 million won, Ulsan with 44.83 million won, and Gyeonggi with 4.119 million won.
Jeju is the lowest at 34.19 million won, but it is said that the Jeju industry analyzes it because of the job structure.
This is because there are few jobs at large companies with high salaries, and there are many jobs in tourism, service, and agriculture.
Let's look at the number of office workers who receive a 'billion dollar annual salary', which can be said to be a dream salary.
That's 1.123 million.
It increased by 22.6% from 916,000 in 2020.
It is said to be the first time that the number of billionaires has exceeded 1 million.
Since there were 19,959,000 office workers who reported year-end tax settlement of earned income attributable to last year, 5.6% of office workers have an annual salary of 100 million won.
Salary worker 35%, earned income tax 'zero'
The number of office workers with high salaries has increased, but there are many office workers who do not have to pay taxes due to low earned income.
The number of people who did not pay any earned income tax due to various tax credits was 7.04 million, accounting for 35.3% of the total.
Compared to 7.255 million in 2020 (37.2% of the total), it decreased by 1.9%p, 215,000 people, but it is still a high percentage.
That's a huge wage gap.
It's not a statistic from today (7th), but the wage gap between men and women is still there.
According to the recently released 'Gender Wage Gap in OECD Countries in 2021' by OECD, Korea was 31.1%, but women receive 31.1% less.
This gap ranks first among 39 OECD member countries, and since 1996, when Korea joined the OECD, it has been ranked first without fail.
In addition, the seriousness of the problem is that it is an overwhelming first place with a large gap from the second place (Israel, 24.3%).
Various reasons are being discussed, such as career interruption due to childbirth and childcare, or the 'glass ceiling' in which it is difficult for women to be promoted in personnel management.
However, the fundamental cause is that discrimination against women in recruitment, evaluation, and promotion is still structural and deeply rooted.
Asset gap 64 times… greatest ever
This time, we will look at the gap in assets in the 2022 Household Financial Welfare Survey by the National Statistical Office.
As of the end of March, the average wealth of households in the top 20% (5th quintile of assets) was 1.65 billion won, and the average wealth of households in the bottom 20% (1st quintile of assets) was 25.84 million won.
(Assets consist of financial assets and real assets)
So, the wealth of the top 20% of households is 64 times greater than the wealth of the bottom 20% of households.
This wealth gap is said to be the largest since related statistics were written.
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