Samsung Employees Average Nearly $8,000 a Month in Pay as Union Prepares for Strike
It is interesting that according to the article that Samsung employees have seen their average pay rise by 25% since last year and want to go on strike now for even more pay:
Samsung Electronics headquarters in Seocho District, southern Seoul / Yonhap
The estimated average monthly pay for Samsung Electronics employees reached 12 million won ($7,966) in the first quarter of this year, analysis showed Tuesday, as the company’s unionized workers moved closer to a possible strike over performance bonuses.
The Korea CXO Institute released its report, titled “Analysis of Estimated Average Employee Pay at Samsung Electronics in the First Quarter of 2026,” on Tuesday, estimating the average first-quarter compensation per employee at roughly 36 million won.
This figure amounts to about 12 million won per month for the tech giant’s 125,000 domestic employees, representing a more than 25 percent increase compared to the same period last year.
You can read more at the link.
Let’s review our Statistics 101 lesson on average and median.
The “average” of 12 million a month looks good if you are a Product Designer making 18 million a month.
Not so good if you are two Software Engineers making… 5.6 million a month.
(And now you know why Koreans are shìt programmers… that wage doesn’t attract the best and the brightest.
That number gets skewed even further by legal council and product managers who make a quarter of a million dollars per year.
Did I mention all of upper management?
If we look at the people striking, we will likely find they aren’t making anywhere near 12 million a month.
But that’s good…
…because I ain’t no fùckin communist.