As the average annual pay for employees and executives at major domestic financial holding companies rises quickly, it is on the verge of entering the 200 million won range.
According to the "2025 annual report on governance and compensation systems" disclosed on the 6th by the four major financial holding companies—KB, Shinhan, Hana, and Woori—the average compensation for employees and executives at these financial firms last year was 176 million won.
The average compensation for employees and executives at KB Financial Group last year was 190 million won. That is up 26 million won from the previous year (164 million won). For executives, the figure rose 60 million won, from 300 million won the previous year to 360 million won last year. For department heads, the average increased from 190 million won to 220 million won.
The average compensation for employees and executives at Shinhan Financial Group increased from 165 million won to 169 million won. The average compensation for executives was 310 million won.
The average compensation for employees and executives at Hana Financial Group rose from 160 million won to 165 million won. The average annual pay for employees and executives at Woori Financial Group remained the same as the previous year at 180 million won.
Average annual pay at banks under the financial holding companies also rose from the previous year. The average compensation for employees and executives at KB Kookmin Bank last year increased from 118 million won to an estimated 119 million won. Woori Bank was tallied at 121 million won, up 7 million won from the previous year (114 million won). Shinhan Bank and Hana Bank have not yet disclosed last year's compensation.