A psychiatrist is one of the highest-paying mental health professionals in South Korea. Psychiatry is a respected and specialized field within South Korea’s healthcare system. Salaries vary significantly between public hospitals, private practices, and academic positions. Entry-level psychiatrists may earn a modest income, while experienced psychiatrists, particularly those in private practice or specialized hospitals, tend to earn a higher salary. In this complete article, we will add the salary information that gives you an idea of how much you exactly earn working as a psychiatrist in South Korea. For more details on Psychiatrist Salary in South Korea, continue reading.
This Blog Includes:
- How Much Does a Psychiatrist Earn in South Korea?
- Experience Wise Psychiatrist Salary in South Korea
- Education Wise Psychiatrist Salary in South Korea
- Organisation Wise Psychiatrist Salary in South Korea
- City Wise Psychiatrist Salary in South Korea
- Positions Wise Psychiatrist Salary in South Korea
- FAQs
How Much Does a Psychiatrist Earn in South Korea?
Psychiatrists in South Korea enjoy a competitive salary. On average, they earn KRW 127,201,600 annually or KRW 10,600,133 monthly. However, salaries can vary significantly based on experience and seniority. While the lowest annual salary is KRW 66,119,000, the highest can reach KRW 194,398,100 per year. This translates to a monthly range of KRW 5,509,916 to KRW 16,199,841.
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Experience Wise Psychiatrist Salary in South Korea
The salary for psychiatrists in South Korea generally increases with the level of experience, as is typical in many medical professions. Here’s a breakdown of the expected salary range by experience level:
Experience Wise | Average Salary Per Year |
0-2 Years | KRW 75,121,900 |
2-5 Years | KRW 100,921,300 |
5-10 Years | KRW 130,799,600 |
10-15 Years | KRW 158,398,200 |
15-20 Years | KRW 174,000,900 |
20+ Years | KRW 182,401,400 |
Education Wise Psychiatrist Salary in South Korea
In South Korea, the average salary of psychiatrists can also vary depending on their educational qualifications and level of specialization. Here’s how education impacts earnings in the field:
Education Wise | Average Salary Per Year |
Bachelor’s Degree | KRW 19,400,000 |
Master’s Degree | KRW 58,300,000 |
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Organisation Wise Psychiatrist Salary in South Korea
The salary of a Psychiatrist in South Korea varies based on the type of organisation they work for. Here’s a breakdown of salaries by organisation type:
Organisation Wise | Average Salary Per Year |
Northwestern Community Services Board | KRW 26,914,000- KRW 37,400,000 |
LifeStance Health | KRW 38,800,000- KRW 43,300,000 |
My Psychiatrist LLC | KRW 28,500,000- KRW 43,000,000 |
HealthLinkNow | KRW 29,000,000- KRW 42,000,000 |
Chong Kun Dang Pharmaceutical Corp | KRW 25,000,000 – KRW 35,000,000 |
Celltrion Inc | KRW 25,000,000 – KRW 35,000,000 |
Daewoong Pharmaceutical | KRW 35,000,000 – KRW 45,000,000 |
Seoul National University Hospital | KRW 40,000,000- KRW 50,000,000 |
Hanmi Pharmaceutical | KRW 20,000,000- KRW 30,000,000 |
Boryung | KRW 35,000,000- KRW 40,000,000 |
Community Pharmacy | KRW 29,000,000- KRW 35,000,000 |
Cipla Healthcare | KRW 24,000,000- KRW 35,000,000 |
City Wise Psychiatrist Salary in South Korea
Psychiatrist salaries in South Korea vary widely depending on the city or region due to differences in demand, cost of living, and patient demographics. Here’s a breakdown of psychiatrist salaries across various cities in South Korea:
City Wise | Average Salary Per Year |
Bucheon | KRW 110,040,100 |
Seoul | KRW 134,400,400 |
Busan | KRW 138,000,600 |
Daejeon | KRW 131,998,300 |
Gwangju | KRW 122,398,700 |
Suwon | KRW 124,799,100 |
Incheon | KRW 127,201,600 |
Seongnam | KRW 110,158,800 |
Goyang | KRW 122,398,700 |
Daegu | KRW 129,601,700 |
Ulsan | KRW 119,761,300 |
Positions Wise Psychiatrist Salary in South Korea
Psychiatrist salaries in South Korea also vary based on position and level of responsibility within a healthcare organisation. Here’s a breakdown of typical earnings by position:
Positions Wise | Average Salary Per Year |
Medical Psychiatrist | KRW 132,364,000 |
Child Psychiatrist | KRW 140,400,000 |
Physician Psychiatrist | KRW 124,436,000 |
Pediatric Psychiatrist | KRW 150,000,000 |
Psychiatric Nurse | KRW 350,159,900 |
Psychiatric Technician | KRW 370,078,800 |
Attending Psychiatrist | KRW 360,000,000 |
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FAQs
To the best of my knowledge, their pay is comparable to that of the typical physician. In Korea, doctors rank in the top three highest-paid professions, along with physicians, lawyers, and CEOs.
To practice medicine in Korea, foreign physicians are currently required to complete a recognized medical school in a recognized nation. After passing the Korean Medical Licensing Preliminary Examination and the National Board Examination, they must subsequently seek a medical license from their home country.
In the Seoul, South Korea, area, a doctor’s annual compensation is predicted to be KRW 10,50,48,000, with an average of KRW 7,50,00,000.
This was all about the Psychiatrist’s Salary in South Korea, for more information about such a high-paying profession follow Leverage Edu and Jobs Abroad.
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