According to Saramin, an online recruitment site, employees working in the southwestern province were paid an average salary of 68.85 million won ($53,400) per year in 2008.
This is almost double the amount earned by North Chungcheong Province workers, the lowest-paid bunch in the country, who made 38.94 million won last year.
Saramin's analysis of South Korea's top 1,000 companies' salary reports indicated that after South Jeolla, Daejeon (54.75 million won), Ulsan (52.66 million won), South Gyeongsang Province (50.25 million won) and South Chungcheong Province (49.81 million won) were the best-paying regions.
Then came Seoul with an average salaried worker bringing home 48.72 million won per year.
Behind the capital city were Gwangju, Incheon, Gangwon, Busan, North Gyeongsang Province, Daegu, Gyeonggi and North Jeolla Province, all paying in the range of 42 to 47 million won annually, the report said.
Saramin attributed South Jeolla and Daejeon's high rankings to the large number of oil-related companies operating in those areas, including GS Caltex, LG Chem and Hanwha Chemical.
There is a wide gap between men and women, though, and Jeollanam-do has the widest in the country with a difference of 36 million won.
Male professionals turned out to be best compensated in South Jeolla, where they received an average of 71 million won per year, followed by Daejeon, Seoul and Ulsan.
In the meantime, women's pay was highest in Daejeon with 39 million won, followed by Ulsan, South Jeolla and Gangwon.
9 comments:
I was informed that Geoje-do was top because of the Samsung and DSME shipyards. Maybe it was just the local community bragging to me?
Maybe, but Geoje isn't its own province or city. Jeollanam-do, Seoul, Daejeon, etc. are.
I saw this article and the first thing I thought was "this is not true." That's it's some kind of attempt to draw more business to the Jeolla area."
I'm not going to argue that is what's going on here, but I find it very hard to believe. That region has got to have the most farmers per capita in the country. And the cost of living is lower in general. Am I way off here?
Actually Geoje-do is considered a city. It is a strange city since a lot of stuff is spaced out awkwardly but it is indeed called Geoje-si.
The islands confuse me, cause I'm never sure if they mean "do" as in "island" or as in "province". Jeju-do is both!
What I meant was it isn't designated one of the 16 provinces or special cities (Gwangju, Seoul, Incheon, Daegu, Daejeon, Busan, Ulsan).
Figures don't lie, but liars can figure.
I think the misleading thing about these statistics is that the employees whose incomes were analyzed make up a fairly small portion of the workforce. The report looked at salaried workers from the top 1000 companies in Korea. How many people in Jeollanamdo (or Korea in general) fit in this category?
I don't know what the average income per worker is, but average annual household income is somewhere around 39-40 million won, which is a figure that could include multiple earners.
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