Payroll Insurance Rate Scenario
Multiply taxable monthly pay by entered rates to compare employee and employer contributions. Despite the four-insurance title, industrial-accident insurance is absent; long-term care is shown alongside health insurance.
- Runs in your browser
- Nothing is uploaded
- No signup; device limits apply
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How to use this tool
Enter taxable monthly pay in KRW and inspect the employee and employer percentages. Defaults can be edited, but statutory earnings bounds and industry-dependent employment or accident rules are not assessed.
Results and examples
Pension, health and employment use pay as their base; long-term care uses the health-premium amount. The total is rate arithmetic rather than an actual assessment or a complete employer labour cost.
Worked example
At KRW 3 million pay, the pension employee component alone is KRW 142,500 using 4.75%.
Limitations
- Industrial-accident coverage and statutory earnings limits are excluded.
- Current rates, enrolment exceptions and workplace conditions need further verification.
Fields
| Field | Guidance and constraints |
|---|---|
| Monthly pay (taxable, KRW) | Check the unit and format displayed beside this field. |
| National Pension (employee) | Check the unit and format displayed beside this field. |
| National Pension (employer) | Check the unit and format displayed beside this field. |
| Health insurance (employee) | Check the unit and format displayed beside this field. |
| Health insurance (employer) | Check the unit and format displayed beside this field. |
| Long-term care (% of health insurance premium) | Check the unit and format displayed beside this field. |
| Employment insurance (employee) | Check the unit and format displayed beside this field. |
| Employment insurance (employer) | Check the unit and format displayed beside this field. |
| Details | Check the unit and format displayed beside this field. |
Data handling
Processing stays in the current browser tab; the site does not upload tool input for the calculation itself.
Sources
Frequently asked questions
Are all four insurances included?
No. Industrial-accident insurance is missing from the total.
Is long-term care calculated on pay?
No. Its percentage is applied to the calculated health premium.
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