Mechanical Engineer Average Salary in Korea (South) 2024
How much money does a person working as Mechanical Engineer make in Korea (South)?
LOW
1,760,000
KRW AVERAGE
3,830,000
KRW HIGH
6,090,000
KRW
A person working as Mechanical Engineer in Korea (South) typically earns around 3,830,000 KRW. Salaries range from 1,760,000 KRW (lowest) to 6,090,000 KRW (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Mechanical Engineer salaries in Korea (South) vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Mechanical Engineer Pay Scale and Salaries in Korea (South)
/engineering/mechanical-engineer/median-and-salary-distribution-monthly-korea-(south)-mechanical-engineer.jpg "Median and salary distribution Korea (South) Mechanical Engineer monthly")
Salary Structure and Pay Scale Comparison
3,640,000 KRW or more
3,190,000 to 3,640,000 KRW
2,190,000 KRW or less
2,190,000 to 3,190,000 KRW
 1,760,000 KRW |
3,660,000 KRW |
6,090,000 KRW |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Mechanical Engineer in Korea (South) range from 1,760,000 KRW (starting salary) to 6,090,000 KRW (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 3,660,000 KRW, half of the professionals who work as Mechanical Engineer in Korea (South) earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Mechanical Engineer in Korea (South) earn less than 2,950,000 KRW, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,220,000 KRW while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Mechanical Engineer in Korea (South) compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,190,000 KRW to 3,190,000 KRW. About 20% of salaries are below the 2,190,000 KRW mark, while 10% fall within the range of 3,190,000 KRW to 3,640,000 KRW. Only 5% of individuals have salaries exceeding 3,640,000 KRW.
Salary Comparison by Years of Experience / Mechanical Engineer / Korea (South)
How do experience and age affect pay?
| 0 - 2 Years | 2,000,000 KRW | |
| 2 - 5 Years | +34% | 2,670,000 KRW |
| 5 - 10 Years | +48% | 3,950,000 KRW |
| 10 - 15 Years | +22% | 4,820,000 KRW |
| 15 - 20 Years | +9% | 5,250,000 KRW |
| 20+ Years | +8% | 5,680,000 KRW |
/engineering/mechanical-engineer/salary-comparison-by-years-of-experience-monthly-korea-(south)-mechanical-engineer.jpg "Salary comparison by years of experience monthly Korea (South) Mechanical Engineer")
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Mechanical Engineer and this is what we found.
Employees with less than two years of experience earn approximately 2,000,000 KRW.
While someone with an experience level between two and five years is expected to earn 2,670,000 KRW, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 3,950,000 KRW, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,820,000 KRW, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 5,250,000 KRW, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 5,680,000 KRW, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Mechanical Engineer / Korea (South)
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Mechanical Engineer.
| Bachelor's Degree | 2,330,000 KRW | |
| Master's Degree | +93% | 4,490,000 KRW |
/engineering/mechanical-engineer/salary-comparison-by-education-level-monthly-korea-(south)-mechanical-engineer.jpg "Salary comparison by education level monthly Korea (South) Mechanical Engineer")
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Mechanical Engineer in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 2,330,000 KRW.
Level 2: Master's Degree
At this level, the average salary becomes 4,490,000 KRW, 93% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Korea (South) costs anywhere from 19,500,000 KRW to 58,500,000 KRW and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Mechanical Engineer / Korea (South)
/engineering/mechanical-engineer/salary-comparison-by-gender-monthly-korea-(south)-mechanical-engineer.jpg "Salary comparison by gender Korea (South) Mechanical Engineer monthly")
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Mechanical Engineer in Korea (South), the average difference between the salary of male and female employees is 8%.
| Male | 3,980,000 KRW | |
| Female | -7% | 3,690,000 KRW |
Salary Comparison By Gender in Korea (South) for all Careers
/salary-comparison-by-gender-monthly-korea-(south).jpg "Salary comparison by gender monthly Korea (South)")
Average Annual Salary Increment Percentage / Mechanical Engineer / Korea (South)
How much are annual salary increments in Korea (South) for individuals working as Mechanical Engineer? How often do employees get salary raises?
Individuals working as Mechanical Engineer in Korea (South) are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
/engineering/mechanical-engineer/annual-salary-increment-rate-korea-(south)-mechanical-engineer.jpg "Annual Salary Increment Rate Korea (South) Mechanical Engineer")
Korea (South) / All Professions
/annual-salary-increment-rate-korea-(south).jpg "Annual Salary Increment Rate Korea (South)")
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Mechanical Engineer / Korea (South)
How much and how often are bonuses being awarded?/engineering/mechanical-engineer/annual-salary-bonus-rate-korea-(south)-mechanical-engineer.jpg "Annual Salary Bonus Rate Korea (South) Mechanical Engineer")
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/korea-(south)/engineering/mechanical-engineer/annual-salary-bonus-rate-korea-(south)-mechanical-engineer.jpg
41% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 59% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
| Received Bonus | 59% | |
| No Bonus | 41% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Mechanical Engineer / Korea (South)
22,100 KRW per hourThe average hourly wage (pay per hour) for individuals working as Mechanical Engineer in Korea (South) is 22,100 KRW.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Mechanical Engineer in Korea (South) is 10,200 KRW. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Engineering |  -100% | |
| 3D Printing Engineer | 3,100,000 KRW | -19% |
| Acoustics Engineer | 3,310,000 KRW | -14% |
| Assembly Engineering Technician | 2,710,000 KRW | -29% |
| Assistant Chief Engineer | 3,980,000 KRW |  +4% |
| Associate Engineer | 3,070,000 KRW | -20% |
| AutoCAD Drafter | 2,110,000 KRW | -45% |
| Autocad Operator | 2,200,000 KRW | -43% |
| Automation Engineer | 3,890,000 KRW | +1% |
| Avionic System Support Engineer | 3,270,000 KRW | -15% |
| Biochemical Engineer | 3,250,000 KRW | -15% |
| BMS Engineer | 3,290,000 KRW | -14% |
| Bridge and Lock Tender | 1,960,000 KRW | -49% |
| Broadcast Engineer | 3,360,000 KRW | -12% |
| CAD Design Engineer | 3,620,000 KRW | -6% |
| CAD Designer | 2,230,000 KRW | -42% |
| CAE Engineer | 3,340,000 KRW | -13% |
| Ceramics Engineer | 3,300,000 KRW | -14% |
| Chemical Engineer | 3,510,000 KRW | -8% |
| Civil Drafter | 2,240,000 KRW | -42% |
| Civil Engineer | 3,780,000 KRW | -1% |
| Civil Site Engineer | 3,560,000 KRW | -7% |
| Civil Technician | 2,130,000 KRW | -44% |
| Cognitive Engineer | 3,150,000 KRW | -18% |
| Commissioning Engineer | 3,280,000 KRW | -14% |
| Communications Engineer | 3,760,000 KRW | -2% |
| Condition Monitoring Engineer | 3,080,000 KRW | -20% |
| Contract Associate Engineer | 3,310,000 KRW | -14% |
| Contract Engineer | 3,350,000 KRW | -13% |
| Control Systems Engineer | 3,610,000 KRW | -6% |
| Controls Engineer | 3,570,000 KRW | -7% |
| Controls Software Engineer | 2,970,000 KRW | -23% |
| Corrosion Engineer | 3,210,000 KRW | -16% |
| Design Engineer | 3,800,000 KRW | -1% |
| Director of Engineering | 7,260,000 KRW | +89% |
| Drafter | 2,290,000 KRW | -40% |
| Drafting Manager | 4,260,000 KRW | +11% |
| Drilling Engineer | 3,320,000 KRW | -13% |
| Drilling Foreman | 1,060,000 KRW | -72% |
| Electrical Draughtsman | 1,820,000 KRW | -53% |
| Electrical Engineer | 3,810,000 KRW | -1% |
| Electrical Engineering Manager | 5,050,000 KRW | +32% |
| Electromechanical Engineering Technologist | 3,770,000 KRW | -2% |
| Electromechanical Equipment Assembler | 1,870,000 KRW | -51% |
| Energy Engineer | 3,600,000 KRW | -6% |
| Engine Assembler | 1,570,000 KRW | -59% |
| Engineer | 3,770,000 KRW | -2% |
| Engineering Account Manager | 3,960,000 KRW | +3% |
| Engineering Chief Designer | 4,200,000 KRW | +10% |
| Engineering Consultant | 4,870,000 KRW | +27% |
| Engineering Key Account Manager | 5,140,000 KRW | +34% |
| Engineering Lab Technician | 3,290,000 KRW | -14% |
| Engineering Manager | 4,870,000 KRW | +27% |
| Engineering Planning Manager | 5,160,000 KRW | +35% |
| Engineering Production Manager | 6,480,000 KRW | +69% |
| Engineering Project Analyst | 4,220,000 KRW | +10% |
| Engineering Project Coordinator | 4,010,000 KRW | +5% |
| Engineering Project Director | 7,300,000 KRW | +90% |
| Engineering Project Leader | 4,630,000 KRW | +21% |
| Engineering Project Manager | 4,990,000 KRW | +30% |
| Engineering Research and Development Manager | 5,620,000 KRW | +47% |
| Engineering Safety Coordinator | 2,820,000 KRW | -26% |
| Engineering Sales Manager | 4,860,000 KRW | +27% |
| Engineering Technician | 2,770,000 KRW | -28% |
| Engineering Technologist | 2,810,000 KRW | -27% |
| Environmental Engineer | 3,540,000 KRW | -8% |
| Equipment Engineer | 3,340,000 KRW | -13% |
| Equipment Engineering Manager | 4,900,000 KRW | +28% |
| Estimator | 3,090,000 KRW | -19% |
| Fabrication Specialist | 2,440,000 KRW | -36% |
| Fabricator | 1,590,000 KRW | -59% |
| Facade Engineer | 3,330,000 KRW | -13% |
| Fiber Analyst | 2,110,000 KRW | -45% |
| Field Engineer | 3,540,000 KRW | -8% |
| Field Engineering Manager | 5,840,000 KRW | +52% |
| Fire Engineer | 3,430,000 KRW | -11% |
| Fitter and Turner | 1,110,000 KRW | -71% |
| Forestry Strategic Planner | 4,250,000 KRW | +11% |
| Generation Engineer | 3,580,000 KRW | -7% |
| Genetic Engineer | 3,920,000 KRW | +2% |
| Geological Engineer | 3,490,000 KRW | -9% |
| Geotechnical Engineer | 3,730,000 KRW | -3% |
| Heavy Equipment Mechanic | 1,920,000 KRW | -50% |
| Highway Engineer | 3,550,000 KRW | -7% |
| HSE Professional | 3,140,000 KRW | -18% |
| Human Machine Interface Engineer | 3,060,000 KRW | -20% |
| HVAC Engineer | 3,840,000 KRW | +0% |
| HVAC Supervisor | 3,210,000 KRW | -16% |
| Industrial Engineer | 3,520,000 KRW | -8% |
| Industrial Engineering Technologist | 3,560,000 KRW | -7% |
| Instrument Engineer | 3,330,000 KRW | -13% |
| Instrument Technician | 1,920,000 KRW | -50% |
| Instrumentation and Control Engineer | 3,510,000 KRW | -8% |
| Instrumentation Designer | 3,040,000 KRW | -21% |
| Instrumentation Engineer | 3,490,000 KRW | -9% |
| Instrumentation Manager | 3,610,000 KRW | -6% |
| Irrigation Engineer | 3,600,000 KRW | -6% |
| Licensed Aircraft Engineer | 3,650,000 KRW | -5% |
| Locomotive Engineer | 3,350,000 KRW | -13% |
| Maintenance Engineer | 3,190,000 KRW | -17% |
| Maintenance Fitter | 1,270,000 KRW | -67% |
| Maintenance Manager | 3,380,000 KRW | -12% |
| Manufacturing Engineer | 3,320,000 KRW | -13% |
| Marine Engineer | 3,520,000 KRW | -8% |
| Materials Engineer | 3,480,000 KRW | -9% |
| Materials Researcher | 3,360,000 KRW | -12% |
| Materials Technician | 2,480,000 KRW | -35% |
| Mechanical and Electrical Engineer | 3,900,000 KRW | +2% |
| Mechanical Design Engineer | 3,930,000 KRW | +3% |
| Mechanical Designer | 2,920,000 KRW | -24% |
| Mechanical Engineer | 3,830,000 KRW | -0% |
| Mechanical Engineering Manager | 5,120,000 KRW | +34% |
| Mechanical Inspector | 3,530,000 KRW | -8% |
| Mechatronics Engineer | 3,950,000 KRW | +3% |
| Mining Engineer | 3,540,000 KRW | -8% |
| Nanotechnology Engineer | 3,680,000 KRW | -4% |
| Natural Language Processing Engineer | 3,930,000 KRW | +3% |
| Oil and Petrochemical Engineer | 3,700,000 KRW | -3% |
| Optical Engineer | 3,460,000 KRW | -10% |
| Optical Instrument Assembler | 1,830,000 KRW | -52% |
| PCB Assembler | 1,320,000 KRW | -66% |
| Photonics Engineer | 3,780,000 KRW | -1% |
| Photonics Technician | 3,120,000 KRW | -19% |
| Pipeline Engineer | 3,380,000 KRW | -12% |
| Piping Designer | 1,840,000 KRW | -52% |
| Piping Engineer | 3,150,000 KRW | -18% |
| Planning Engineer | 3,540,000 KRW | -8% |
| Pressure Vessel Inspector | 1,670,000 KRW | -56% |
| Principal Cost Engineer | 3,560,000 KRW | -7% |
| Principal Engineer | 3,420,000 KRW | -11% |
| Principal Support Engineer | 3,470,000 KRW | -9% |
| Process Engineer | 3,400,000 KRW | -11% |
| Process Operator | 2,160,000 KRW | -44% |
| Product Development Engineer | 3,630,000 KRW | -5% |
| Product Development Technician | 2,550,000 KRW | -33% |
| Product Engineer | 3,680,000 KRW | -4% |
| Product Safety Engineer | 3,370,000 KRW | -12% |
| Production Engineer | 3,480,000 KRW | -9% |
| Project Engineer | 3,800,000 KRW | -1% |
| Proposal Manager | 4,440,000 KRW | +16% |
| Purchasing Engineer | 3,300,000 KRW | -14% |
| Quality Assurance Engineer | 3,600,000 KRW | -6% |
| Rail Engineer | 3,710,000 KRW | -3% |
| Regional Field Engineer | 3,920,000 KRW | +2% |
| Remote Sensing Engineer | 3,580,000 KRW | -7% |
| Robotics Engineer | 4,210,000 KRW | +10% |
| Robotics Technician | 2,800,000 KRW | -27% |
| Safety Engineer | 3,380,000 KRW | -12% |
| Safety Inspector | 2,630,000 KRW | -31% |
| Safety Manager | 4,050,000 KRW | +6% |
| Safety Officer | 1,770,000 KRW | -54% |
| Sales Engineer | 3,670,000 KRW | -4% |
| Scheduling Engineer | 3,220,000 KRW | -16% |
| Security Engineer | 3,860,000 KRW | +1% |
| Service Engineer | 3,680,000 KRW | -4% |
| Smart Home Engineer | 3,920,000 KRW | +2% |
| Solar Engineer | 3,650,000 KRW | -5% |
| Staff Engineer | 3,370,000 KRW | -12% |
| Static Equipment Engineer | 3,320,000 KRW | -13% |
| Stationary Engineer | 3,250,000 KRW | -15% |
| Stress Engineer | 3,150,000 KRW | -18% |
| Structural Analysis Engineer | 3,380,000 KRW | -12% |
| Structural Designer | 3,140,000 KRW | -18% |
| Structural Engineer | 3,420,000 KRW | -11% |
| Structural Technician | 2,280,000 KRW | -41% |
| Subsea Engineer | 4,480,000 KRW | +17% |
| Supply Chain Specialist | 3,450,000 KRW | -10% |
| Surveyor | 2,600,000 KRW | -32% |
| Technical Affairs Officer | 1,840,000 KRW | -52% |
| Technical Assistant | 1,740,000 KRW | -55% |
| Technical Engineer | 3,160,000 KRW | -18% |
| Technical Support Engineer | 3,080,000 KRW | -20% |
| Tender Engineer | 3,190,000 KRW | -17% |
| Test Development Engineer | 3,630,000 KRW | -5% |
| Test Engineer | 3,330,000 KRW | -13% |
| Transportation Engineer | 3,250,000 KRW | -15% |
| Urban Engineer | 3,500,000 KRW | -9% |
| Validation Engineer | 3,330,000 KRW | -13% |
| Verification Engineer | 3,270,000 KRW | -15% |
| Wastewater Engineer | 3,380,000 KRW | -12% |
| Wind Energy Engineer | 3,490,000 KRW | -9% |
| Wind Energy Operations Manager | 4,630,000 KRW | +21% |
| Wireless Engineer | 4,060,000 KRW | +6% |
| Work Planner | 2,380,000 KRW | -38% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Korea (South) is 6% on average across all career fields.
| Private Sector | 3,780,000 KRW | |
| Public Sector | +6% | 4,000,000 KRW |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Mechanical Engineer in Korea (South)?
A good and competitive compensation would range anywhere between 3,660,000 KRW and 4,220,000 KRW. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Mechanical Engineer in Korea (South) ranges from 1,760,000 KRW to 2,950,000 KRW. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
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