The average annual salary of the heads of public institutions is 180 million won… 44 million more than the minister

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Similar to the Prime Minister’s 184.68 million won… Korea Development Bank 436.98 million won highest
Public financial institutions such as IBK, Korea Investment Corp., and Export-Import Bank are ‘sweeping away’ at the top

The average annual salary of employees of public institutions is close to 70 million won, which is more than that of large companies and more than double that of small and medium-sized enterprises. According to Alio, a management information disclosure system for public institutions on the 16th, the average annual salary of 370 public institutions last year was 69.76 million won, up 1.5% from the previous year. The institution with the highest annual salary was the Ulsan Institute of Science and Technology. In terms of gender, the Korea Development Bank (KRW 129.41 million) ranked first for men, and the Electronics and Telecommunications Research Institute (KRW) for women ranked first with 115.57 million won. The photo shows the headquarters of the Korea Development Bank in Yeouido, Seoul. yunhap news

The average annual salary per head of public institutions last year exceeded 180 million won, which is similar to that of the prime minister. It was more than 40 million won more than the ministers of government departments who manage and supervise public institutions.

In particular, the annual salaries of the heads of three institutions, the Korea Development Bank, the Small and Medium Business Bank, and the Korea Investment Corporation, exceeded 400 million won, and financial public institutions including them swept the top positions.

The average annual salary of a standing auditor, who is controversial because politicians often occupy the place, is about 160 million won, which is also higher than that of ministers laughed

According to Alio, a management information disclosure system for public institutions on the 18th, the average annual salary per head of 349 public institutions last year was 18.21 million won, up 2.3% from the previous year.

This is based on 349 public institutions that have disclosed the annual salary of the head of a standing institution.

Last year, the public institution with the highest annual salary for institutional heads was Korea Development Bank, with 436.98 million won, followed by Small and Medium Business Bank (423.26 million) and Korea Investment Corporation (422.86 million) with more than 400 million won. it was

Next, the Export-Import Bank (397.75 million won), the National Cancer Center (384.16 million won), the Basic Science Research Institute (329.45 million won), the Korea Credit Guarantee Fund (319.26 million won), The Korea Housing Finance Corporation (311.5 million won), the Small and Medium Venture Business Corporation (33.38 million won), and the Korea Asset Management Corporation (356 million won) were followed in that order.

Lee Dong-geol, former chairman of Korea Development Bank, who resigned on the 9th, the day before the inauguration of the Yoon Seok-yeol government, started his tenure in September 2017.

From 2017 to 2020, the Korea Investment Corporation took the first place in the annual salary of institutional heads, but last year, the Korea Development Bank rose to the first place and the Korea Investment Corporation fell to the third place.

Last year, the salaries of heads of public institutions were more than 40 million won more than that of ministers of government departments that manage and supervise public institutions, and there was no significant difference from that of the prime minister.

According to the 2021 annual salary table of the Ministry of Human Resources and Innovation, the annual salary of the president is 238,227 thousand won and the annual salary of the prime minister is 184,685,000 won.

Deputy Prime Minister and Auditor General 139,725,000 won, Ministers (ministerial level) 135.89 million won, Minister of Personnel and Innovation, Minister of Legislation and Food and Drug Safety 133,849,000 won, Vice Minister (Vice-ministerial level) is 131,894,000 won.

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