(Photo= Yonhap news)

[Alpha Biz= Reporter Kim Sangjin] According to the "2023 Banking Management Status Report" released by the Korea Federation of Banks on the 2nd, the average annual income per employee at the five major commercial banks (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup) has surpassed 110 million won for the first time in history. The total amount of retirement benefits received through voluntary retirement also reached around 600 million won. It was also revealed that the average income per employee at Busan Bank, a regional bank, is close to the level of the five major commercial banks.

In 2023, the average annual income per employee at the five major commercial banks was recorded at an average of 112.65 million won, which is an increase of 3.14% compared to 2022 (92.2 million won). This marks the first time in history that the average income exceeded 110 million won.

KB Kookmin Bank had the highest average salary at 118.21 million won, followed by Hana Bank (115.66 million won), NH Nonghyup Bank (110.69 million won), Woori Bank (109.69 million won), and Shinhan Bank (109.88 million won).

The average voluntary retirement benefits (special retirement benefits) at the five major banks also increased by 1.74% from 355.48 million won to 361.68 million won. Some retirees received special retirement benefits equivalent to 3 months' to 36 months' worth of their monthly salary. Consequently, it is estimated that the total retirement benefits received by bank employees who retired voluntarily last year at the five major banks averaged around 600 million won.

 

 

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