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Notice period
in South Korea.

SALARY PAYMENT IN South Korean Won (KRW, ₩)

CONTRACT LANGUAGES Korean / English

PAYROLL TAX 16.43% – 34.94%

PAYROLL CYCLE Monthly

TIME TO HIRE 24 hours

Hire and pay talents
with Horizons in
180+ countries

South Korea

What is the minimum notice period when resigning in South Korea?

There isn’t a minimum notice period that employees must serve when resigning from their job in South Korea. Usually, the terms covering the notice period will be detailed within individual employment contracts. 

Video: Termination of employment

What are the consequences of an insufficient notice period in South Korea?

Where employees fail to give adequate notice, inline with the terms of their employment contract they may be liable for damages, including some amount withheld from the final paycheck.

Is it possible to reduce the notice period in South Korea under exceptional circumstances?

Yes. Employers can offer employees who are to have their contracts terminated 30 days’ payment in lieu of notice. 

Hiring in South Korea, Made Easy

Your business can easily hire employees in South Korea without opening a local entity.

We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.

FAQs

There is no minimum standard, however employees must abide by the terms of their employment contract. 

Employers in South Korea must give 30 days’ advance notice before terminating an employment contract. Alternatively, employers can offer 30 days’ pay in lieu of notice. 

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