Harvest
Time Tracking
Sign up free

Overtime Calculator in South Korea

Harvest simplifies overtime calculations under South Korea's labor laws by providing flexible task-based billing for different overtime rates.

Try Harvest Free

What will your overtime pay be?

Calculate regular and overtime earnings based on your hours and rate. Supports standard time-and-a-half and double-time multipliers.

$
Standard is 40 hours/week (FLSA threshold)
1.5x
1.5x = time and a half (most common). 2x = double time (CA after 12h, holidays).
Some states require 2x pay after 12 hours/day or on 7th consecutive day.
Total gross pay $0
Regular pay $0
Overtime pay (1.5x) $0
Double-time pay (2x) $0
Effective hourly rate $0

Track overtime hours with Harvest

Walk through the entire flow below. Start a timer, check your reports, and create a real invoice — all in three clicks.

Go ahead — start tracking!

One click and you're timing. Try it right here: start a timer, add an entry, edit the details. This is exactly how it feels in Harvest.

  • One-click timer from browser, desktop & mobile
  • Works inside Jira, Asana, Trello, GitHub & 50+ tools
  • Duration or start/end — your call
  • Day, week & calendar views to stay on top of it all
  • Friendly reminders so no hour gets left behind
Acme Corp
Website Redesign
Homepage layout revisions
1:24:09
Content Strategy
Blog calendar planning
1:30:00
SEO Audit
Technical audit report
0:45:00
Brand Guidelines
Color system documentation
2:15:00
Logo Concepts
Initial sketches round 1
1:00:00
Today's total 6:54:09

Understanding Overtime Pay in South Korea

Calculating overtime pay in South Korea involves understanding the country's specific labor regulations under the Labor Standards Act (LSA). The standard workweek is 40 hours, with a maximum of 8 hours per day. However, employees can work up to 12 additional hours of overtime per week, bringing the legal maximum workweek to 52 hours. Overtime is compensated at a rate of 150% of the ordinary wage. This rate increases significantly during night hours and holidays due to additional premiums.

For instance, work between 10:00 PM and 6:00 AM requires an extra 50% premium, making the total compensation 200% if it overlaps with overtime. Similarly, holiday work is compensated at 150% for the first 8 hours and 200% beyond that. Understanding these rates ensures fair compensation for employees and compliance for employers. The phased implementation of the 52-hour workweek started in 2018 for large companies and extended to smaller companies by 2021.

Calculating Overtime for Salaried and Hourly Workers

To accurately calculate overtime pay in South Korea, it's crucial to distinguish between salaried and hourly workers. For salaried employees, the overtime rate is based on dividing their weekly salary by the standard 40-hour workweek. Overtime is then paid at 1.5 times this calculated hourly rate. Part-time workers are entitled to a 50% premium for hours beyond their contractual agreements.

Harvest can assist in managing these calculations through its flexible task-based billing system. By setting specific billable rates for different types of work, such as night shifts or holiday work, businesses can ensure accurate overtime payments without manually tracking each rate. This capability supports companies in adhering to complex labor laws, ensuring compliance and fair compensation.

Managing Overtime Compliance and Legal Penalties

Employers in South Korea must carefully manage overtime to avoid significant legal penalties. The Labor Standards Act enforces strict rules, with fines up to KRW 20 million and imprisonment for exceeding the 52-hour workweek or failing to pay appropriate premiums. Additional fines up to KRW 30 million apply for failing to pay full wages. Mandatory recording of work hours is also crucial to ensure compliance and accurate compensation.

Harvest supports businesses in maintaining compliance through precise time tracking and detailed reporting. By using Harvest, employers can document regular, overtime, night, and holiday work hours, minimizing the risk of legal violations. This not only helps in avoiding penalties but also ensures that employees are fairly compensated according to the labor regulations.

Overtime Calculator in South Korea with Harvest

See how Harvest calculates overtime pay under South Korean labor laws, offering flexible billing for different rates.

Harvest product screenshot with South Korea overtime calculator

Overtime Calculator in South Korea FAQs

  • In South Korea, the standard overtime pay rate is 150% of the ordinary wage for hours worked beyond the standard 40-hour workweek. This ensures employees are fairly compensated for additional hours worked.

  • To calculate overtime pay, determine your ordinary hourly rate by dividing your weekly salary by 40 hours. Multiply this rate by 1.5 for overtime hours. Harvest can assist with flexible task-based billing to manage different rates.

  • While the Labor Standards Act covers most industries, specific agreements may exist for certain sectors. However, the standard overtime rules generally apply, and Harvest can help manage these calculations with custom rates.

  • The maximum allowable working hours per week in South Korea is 52 hours, combining 40 standard hours and up to 12 overtime hours with mutual consent between employer and employee.

  • Harvest aids in managing overtime compliance by offering precise time tracking and detailed reporting. Its task-based billing allows setting different rates for overtime, night shifts, and holiday work, ensuring legality and accuracy.

  • Holiday and night work can significantly increase overtime pay. Night work between 10 PM and 6 AM adds a 50% premium, and holiday work also increases rates, with overlaps resulting in cumulative premiums up to 250%.

  • Violations of overtime regulations can result in fines up to KRW 20 million and imprisonment. Harvest helps businesses avoid these penalties by ensuring accurate time tracking and compliance with labor laws.