South Korea payroll with the four major insurances, income tax withholding, payslips, and bank payment support Includes Employer of Record (EOR) when you need to hire in South Korea without a local entity.
Korean payroll typically includes National Pension, National Health Insurance (with long-term care), Employment Insurance, and Industrial Accident Compensation Insurance, plus income tax withholding. We operate this as a managed monthly service.
Whether you operate through your own South Korea entity or need to hire without one via Employer of Record (EOR), Asia Payroll Hub gives you one process and clear compliance ownership for Seoul, Bundang, Busan, and major business districts.
Read our South Korea payroll & EOR compliance guide for deeper local detail.
Calculate NPS contributions for eligible employees.
NHI premiums plus long-term care insurance components.
EI and IACI contributions as applicable.
Monthly withholding and year-end settlement support.
Overtime, allowances, bonuses, and net pay.
KRW salary payment file preparation.
Our South Korea payroll compliance process typically covers national pension, health insurance, and employment insurance alongside core employment pay rules:
Rates, ceilings, and forms are set by local authorities and can change. We configure your payroll to current rules and notify you when updates affect costing.
Note: Contribution rates are revised by Korean authorities. We keep your payroll calendars aligned to current notices.
A clear monthly cycle designed for accuracy, approval control, and on-time employee payments.
Submit joiners/leavers, attendance, overtime, allowances, and one-off payments before the agreed cut-off via our HR technology platform.
We calculate gross pay, national pension, health insurance, and employment insurance, and net pay, then produce draft payroll reports for your review.
Approve or request adjustments. Nothing is finalized without your go-ahead.
We prepare bank payment files and issue payslips so employees are paid on your payday.
Insurance and tax obligations are prepared for remittance/reporting according to South Korea deadlines and your entity setup.
Statutory rates & rules last reviewed: July 2026 Β· Reviewed quarterly for South Korea payroll
Asia Payroll Hub supports Korea four-insurance and withholding for market-entry and growth teams from groups we already work with across Asia β including InterContinental, Holiday Inn, and Hard Rock brands.
Want a similar outcome in South Korea? Request a scoped payroll/EOR proposal or compare paths on our Employer of Record page.
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Best if you already have a South Korea company and want us to run monthly payroll and statutory processes for your staff.
Request payroll outsourcingBest if you need to employ talent in South Korea quickly without incorporating. We handle employment and compliant payroll delivery.
Explore EOR South KoreaManual spreadsheets miss ceilings, brackets, and exceptions.
Our solution: Automated gross-to-net with draft reports before payday.
South Korea contribution and tax rules can shift with little internal notice.
Our solution: Continuous compliance monitoring and configuration updates.
South Korea often sits beside other Asia entities with different rules.
Our solution: One regional process via our multi-country payroll platform.
Banks, authorities, and employees expect local documentation clarity.
Our solution: Local specialists plus clear English HQ reporting.
National Pension, Health Insurance (with long-term care), Employment Insurance, and Industrial Accident Compensation Insurance.
Yes β we support year-end earned-income settlement workflows.
Yes, for local entities; EOR may be available depending on hiring model.
Typically 2β4 weeks.
Korean/English payslip formats can be configured.
HR payroll system South Korea Β· EOR South Korea
Related MarketsPair South Korea with neighboring payroll operations under one partner.
Get a clear quote for compliant South Korea payroll outsourcing β or hire through EOR without opening an entity.