
On the 26th, the average Chuseok holiday allowance per member of the National Assembly was 4,396,560 won, meaning they receive 60% of their monthly general allowance (7,327,600 won) each for Lunar New Year and Chuseok. The annual holiday allowance is said to reach about 8.8 million won, This year, the annual salary for National Assembly members is about 160.93 million won, an increase of 4.03 million won from last year, and accordingly, the annual holiday allowance has also risen by about 300,000 won. This is a considerable amount compared to the monthly income of an average worker, Compared to the average monthly income of wage workers (3.75 million won) compiled by the National Data Office, the vacation pay a lawmaker receives during a single holiday is about 650,000 won more than the total monthly income of an office worker. On the other hand, during the Chuseok holiday, The scale of bonus payments by companies has all decreased, and the economy feels even more sluggish during the holidays. 61.0% of companies announced they will pay this year's Chuseok bonuses, a decrease of 2.0 percentage points from last year's 63.0%. By company size, this decline was widespread across both large and small enterprises. For companies with 300 or more employees, the proportion of bonus payments decreased to 66.7% from 68.1% the previous year, while for SMEs with fewer than 300 employees, the proportion dropped even more sharply to 60.3% from 62.3% the previous year. There are also many small and medium-sized enterprises that have not paid Chuseok bonuses at all, so it's understandable why Yong Hye-in gave up her ministerial position for a member of the National Assembly who gave up 4 million won as holiday rice cake money!!!!!!!
Comments 0
Log in to comment.