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Last updated: June 20, 2024
Molder Foundry Salary
in Jinhae, South Korea
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KRW 26,868,270
Average Salary
KRW 12,917/hr
Average Hourly
KRW 408,398
Average Bonus
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Last updated: June 20, 2024
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Salary Recap
The average pay for a Molder Foundry is KRW 26,868,270 a year and KRW 12,917 an hour in Jinhae, South Korea. The average salary range for a Molder Foundry is between KRW 19,936,257 and KRW 31,758,295. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Jinhae, South Korea.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
KRW 30,250,983
5 Year Change:
13 %
Shift Differentials
Shift Differentials
Calculate Your Shift Differential
If your job has pay differentials, see how much more you could be earning with our shift differential calculator.
Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by KRW 1,291.74/hour
What Is Shift Differential Pay?
Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
Learn how shift differential pay works with ERI.
This role may have pay shift differentials that could affect total compensation.
Utilize ERI's signature shift differential data to calculate pay for night shifts, day shifts, and swing shifts and benchmark compensation with confidence. With our robust database, you can accurately price jobs based on industry-specific shift differential policies. ERI compiles shift differential pay data based on salary survey data to help users find reliable compensation information.
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About Jinhae, South Korea
Jinhae Cost of Living Score:
Job Summary
Description:
- Creates molds to be used in casting metal.
- Assembles flasks, using wrench, bolts, and tap screws.
- Waters and mixes sand, shovels sand into flasks, and compacts sand in flasks, using ramming tool.
- Sprays binder on surface of sand molds and dries surface with blowtorch.
- Fits together, clamps, and unclamps cope and drag on production line.
- Weighs out specified amounts of materials for furnace charge, and loads charge into melting furnace.
Molder Foundry Job Listings for
No listings found
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Salary Recap
The average pay for a Molder Foundry is KRW 26,868,270 a year and KRW 12,917 an hour in Jinhae, South Korea. The average salary range for a Molder Foundry is between KRW 19,936,257 and KRW 31,758,295. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Jinhae, South Korea.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Jinhae, South Korea
Jinhae Cost of Living Score:
Job Summary
Description:
- Creates molds to be used in casting metal.
- Assembles flasks, using wrench, bolts, and tap screws.
- Waters and mixes sand, shovels sand into flasks, and compacts sand in flasks, using ramming tool.
- Sprays binder on surface of sand molds and dries surface with blowtorch.
- Fits together, clamps, and unclamps cope and drag on production line.
- Weighs out specified amounts of materials for furnace charge, and loads charge into melting furnace.
Molder Foundry Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
Common Compensation Terms and Formulas - May 2024
Utilize ERIs comprehensive list of common compensation terms and formulas to gain a better understanding of compensation planning.
Read More
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More