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Salary Calculator

Salary Calculator

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Insurance Guide

National Pension (4.5%)

Employee and employer each contribute 4.5%. The 2026 monthly income cap is 5.9M KRW, with a maximum premium of 265,500 KRW/month.

Health Insurance (3.545%) + Long-term Care (12.27%)

Health insurance is 3.545% of monthly pay, with an additional 12.27% of the health premium for long-term care. Split equally between employee and employer.

Employment Insurance (0.9%)

Employees contribute 0.9% of monthly pay. This funds unemployment benefits, parental leave pay, and other employment safety nets.

FAQ

QWhat is non-taxable income?

Non-taxable income refers to salary items not subject to taxation, such as meal allowance (up to 200,000 KRW/month), car allowance, and childcare allowance. Higher non-taxable income means lower taxes and higher take-home pay.

QWhat's the difference between separate and included severance pay?

With 'included' severance, the annual salary is divided by 13: 12 portions for monthly pay and 1 for severance. The same salary with 'included' severance results in lower monthly take-home pay.

QIs there a cap on National Pension?

Yes, as of 2026, the monthly income cap is 5.9 million KRW. Even if your salary exceeds this, the maximum pension contribution is 265,500 KRW.

QHow do I use the reverse calculation?

Select 'Reverse' mode and enter your desired monthly net pay. The calculator will determine the required gross annual salary. Useful for salary negotiations.

What is the Salary Calculator?

The Salary Calculator computes your take-home pay by deducting 4 major insurances (National Pension, Health Insurance, Long-term Care, Employment Insurance), income tax, and local income tax from your gross salary. It uses 2026 rates for accurate calculations.

Key Features

Real-time Calculation

Results update instantly as you type. No button clicks needed.

Reverse Calculation

Enter your desired net pay to find the required gross salary. Perfect for salary negotiations.

4 Major Insurances

Accurately calculates all insurance premiums including the National Pension cap (5.9M KRW/month).

Severance Pay Options

Compare results with severance pay included in or separate from your annual salary.

Visual Chart

See the ratio of net pay to deductions at a glance with a donut chart.

2026 Insurance Rates

National Pension 4.5% (cap: 5.9M KRW/month), Health Insurance 3.545%, Long-term Care 12.27% of Health Insurance, Employment Insurance 0.9%. Shared between employee and employer, deducted monthly from salary.

How to Use

  1. Select Input Mode — Choose Annual Salary, Monthly Salary, or Reverse (target net pay).
  2. Enter Amount — Enter your gross salary or desired net pay. Results calculate automatically.
  3. Select Severance Option — Choose whether severance pay is included in or separate from salary.
  4. Set Non-taxable & Dependents — Enter non-taxable amount and number of dependents including children.
  5. View Results — Check the breakdown of insurance, taxes, and monthly net pay.

Use Cases

Salary Negotiation

Check the actual take-home pay for offered salaries to make informed decisions during job changes.

Budget Planning

Plan your monthly expenses for housing, food, and savings based on your net pay.

Target Salary Setting

Use reverse calculation to find the gross salary needed for your desired monthly net pay.

Severance Pay Comparison

Compare take-home pay between included and separate severance to find the better deal.

Helpful Tips

Maximize non-taxable items like meal allowance (200,000 KRW/month) and car allowance to increase your take-home pay. Also, the number of dependents affects income tax deductions, so enter accurately for the best results.

2026 Salary to Net Pay Table

Estimated monthly net pay based on 200,000 KRW non-taxable, 1 dependent.

Annual SalaryMonthly Net Pay (approx.)
24M KRW~1.89M KRW
30M KRW~2.28M KRW
36M KRW~2.67M KRW
40M KRW~2.93M KRW
50M KRW~3.53M KRW
60M KRW~4.10M KRW
70M KRW~4.65M KRW
80M KRW~5.19M KRW
90M KRW~5.70M KRW
100M KRW~6.26M KRW

Frequently Asked Questions

What is non-taxable income?

Salary items exempt from taxation, such as meal allowance (up to 200K KRW/month), car allowance, and childcare support. Higher non-taxable income means more take-home pay.

Separate vs included severance pay?

With 'included' severance, the annual salary is divided by 13: 12 for monthly pay and 1 for severance. Same salary with included severance means lower monthly net pay.

What are the 4 major insurances?

National Pension (4.5%), Health Insurance (3.545%), Long-term Care (12.27% of health), and Employment Insurance (0.9%). Both employee and employer share the contribution.

Is there a pension contribution cap?

Yes, as of 2026, the monthly income cap is 5.9M KRW. Even with higher salary, the maximum pension contribution is 265,500 KRW.

Net pay for 30M KRW annual salary?

With a 30M KRW annual salary, after deducting insurances and taxes, monthly net pay is approximately 2.28M KRW. Varies by dependents and non-taxable items.

How does reverse calculation work?

Select 'Reverse' mode, enter your desired monthly net pay, and the calculator determines the required gross annual salary. Great for salary negotiations.

Privacy Notice

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