What is 연봉?
연봉 refers to the total salary paid to an employee over one year. It is commonly used in professional and business contexts to discuss compensation.
Usage and Context
When Koreans talk about 연봉, they usually mean the gross annual income before taxes and deductions. It is a key factor in job offers, negotiations, and career planning.
Common Collocations
- 연봉 협상: salary negotiation, used when discussing or bargaining pay.
- 연봉 인상: salary increase, referring to a raise in annual pay.
- 연봉 계약: annual salary contract, the agreement on yearly pay.
Register and Politeness
연봉 is a formal term mostly used in business or official settings. It is not used casually in everyday conversation about money.
Learner Tips
A common mistake is confusing 연봉 (annual salary) with 월급 (monthly salary). Remember, 연봉 is the total for the year, while 월급 is what you get each month. This distinction is important in salary discussions.