Jersey South Korea

Updated 2026-05-15

Jersey

Minimum Wage

£13 /hr

$17.50 USD

Avg. Gross Salary

£4,506.67 /mo

South Korea

Minimum Wage

₩10,320 /hr

$6.84 USD

Avg. Gross Salary

₩3,960,000 /mo

Min wage: +156% Jersey vs South Korea Avg. salary: +131% Jersey vs South Korea

The minimum wage in Jersey is 156% higher than in South Korea when converted to USD. Average gross salaries diverge further: $6,068/mo in Jersey versus $2,625/mo in South Korea, a 2.3:1 ratio.

Detailed Comparison

Detailed wage comparison between Jersey and South Korea
Metric	Jersey	South Korea	Diff
Minimum wage /hr	£13 $17.50	₩10,320 $6.84	+155.9%
Minimum wage /mo	£2,253.33 $3,033.97	₩2,156,880 $1,429.69	+112.2%
Minimum wage /yr	£27,040 $36,407.70	₩25,882,560 $17,156.22	+112.2%
Avg. gross salary /mo	£4,506.67 /mo $6,067.95	₩3,960,000 /mo $2,624.88	+131.2%
Avg. net salary /mo	N/A/mo	₩3,170,000 /mo $2,101.23	—
Median individual income /yr	£46,280 /yr $62,313.18	₩33,360,000 /yr $22,112.63	+181.8%

Percentage differences are based on USD equivalent values. Positive means Jersey is higher.

Work Week

Jersey: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours. Employment law broadly follows UK principles with local variations.
South Korea: 40 hrs/wk standard

Max 52 hrs/wk

Overtime : 1.5x pay

Labour Standards Act sets 40 hrs/week base with maximum 12 hrs overtime (52 total). Overtime, night work (10pm-6am), and holiday work each receive a 50% premium. Businesses with 5-49 employees had a phased implementation completed in 2021. Government proposed a flexible 69-hour weekly cap in 2023 but withdrew after public backlash.

• WAGE TRAJECTORY (USD/hr)

Jersey South Korea Source: wage.is · USD equivalent/hr

Year	Jersey (USD)	South Korea (USD)
2015	—	$3.70/hr
2016	—	$4.00/hr
2017	—	$4.29/hr
2018	—	$4.99/hr
2019	—	$5.53/hr
2020	$11/hr	$5.69/hr
2021	$11/hr	$5.78/hr
2022	$12/hr	$6.07/hr
2023	$14/hr	$6.38/hr
2024	$16/hr	$6.54/hr
2025	$18/hr	$6.65/hr
2026	—	$6.84/hr

What This Means for Workers

A minimum wage worker moving from South Korea to Jersey would see a 156% increase in USD-equivalent hourly earnings.

See this comparison from South Korea's perspective: South Korea vs Jersey

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Frequently Asked Questions

Is the minimum wage higher in Jersey or South Korea?

In Jersey, the minimum wage is £13/hr ($17.50 USD). In South Korea, it is ₩10,320/hr ($6.84 USD). Jersey has the higher rate by 156% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in South Korea may retain a larger share of their earnings if prices there are lower.

How much more does the average worker earn in Jersey compared to South Korea?

The average gross salary in Jersey is £4,506.67/mo ($6,067.95 USD), compared to ₩3,960,000/mo ($2,624.88 USD) in South Korea. In USD terms, workers in Jersey earn approximately 131% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Jersey and South Korea is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Jersey earn more in nominal terms, though how far that income stretches depends on local prices in South Korea.

How do work hours compare between Jersey and South Korea?

Both Jersey and South Korea mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.