In 2022, the women's-to-men's earnings ratio in South Korea stood at about 65 percent. Although this rate has increased in recent years, the gender pay gap is still clearly evident in South Korean society today. Furthermore, several aspects make it difficult for a South Korean woman to advance in her career, including the fact that it is not easy to return to work after a long career break, such as maternity leave.
A difference in compensation?
South Korean women have been increasingly joining the workforce in recent years. Despite of the rise of the female labor force participation rate, it is still far below the average of the member countries of the Organization for Economic Co-operation and Development (OECD).In addition, the difference in pay between men and women is unfortunately a prevailing trend across all types of occupations.
A joint call for balance
The struggle in striking a balance between childcare and work was heavily skewed towards female employees. This fact was not lost on South Korean employees. In a survey about women’s equality, respondents’ answers showed a perceived lack of support from their employers on maintaining a healthy work-life balance. With men also taking on a larger role in modern childcare, a demand for company support in balancing childcare and work was also pronounced in survey answers regardless of gender.
Earnings ratio between women and men in South Korea from 2010 to 2022
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Statistics Korea. (August 22, 2024). Earnings ratio between women and men in South Korea from 2010 to 2022 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/641812/south-korea-gender-pay-gap/
Statistics Korea. "Earnings ratio between women and men in South Korea from 2010 to 2022." Chart. August 22, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/641812/south-korea-gender-pay-gap/
Statistics Korea. (2024). Earnings ratio between women and men in South Korea from 2010 to 2022. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/641812/south-korea-gender-pay-gap/
Statistics Korea. "Earnings Ratio between Women and Men in South Korea from 2010 to 2022." Statista, Statista Inc., 22 Aug 2024, https://www.statista.com/statistics/641812/south-korea-gender-pay-gap/
Statistics Korea, Earnings ratio between women and men in South Korea from 2010 to 2022 Statista, https://www.statista.com/statistics/641812/south-korea-gender-pay-gap/ (last visited September 01, 2024)
Earnings ratio between women and men in South Korea from 2010 to 2022 [Graph], Statistics Korea, August 22, 2024. [Online]. Available: https://www.statista.com/statistics/641812/south-korea-gender-pay-gap/