Dive into the latest insights of the South Korean life sciences industry with our comprehensive Salary Guide for 2023. Discover the salary trends, compensation expectations, and career motivations that are shaping the landscape of this dynamic sector.
Here are some of the interesting findings:
Embrace Flexibility | Following labour amendments in South Korea in 2023 [i], there has been a notable surge in the adoption of flexible working hours, despite the country's gradual reopening after the COVID-19 pandemic. As evidenced by the responses of 84% of South Korean professionals, the prevalence of flexible working arrangements has experienced a significant increase of 11% compared to the previous year.
Employer Reputation | When contemplating leaving their current positions, one of the primary factors frequently cited is the company's reputation or brand perception, as indicated by the most extensive reported cause.
Bonus Decline | Approximately 7 out of 10 South Korean professionals received a bonus within the last 12 months, marking a considerable decline of 16% in comparison to the figures reported in our previous annual report.
Our South Korea report covers the following functions: