How the pay comparison is computed
Every figure on these pages comes from pay data that listed filers reported themselves in their annual reports. There are two measures, namely average pay per employee and average pay per registered director.
The employee measure always gathers the filed pay totals and headcounts and recomputes them headcount-weighted, and it never carries the filed per-person average through. Many filers report no overall row and others split that row into several, so summing the filed rows before dividing covers far more companies on one footing. The registered-director measure uses the filed per-person average as it stands, except where that average is plainly at odds with the pay total and headcount filed beside it, and there the divided figure is used.
Each industry carries one figure per measure. In the industry summary table the employee measure is the average of the per-employee averages of the companies in that industry, and on each industry's page the registered-director measure is the median of those companies' values. The company values themselves stand in the list below that figure.
Classifications with thin samples, thin response coverage, or figures close to a few individuals' pay publish no median or other industry figure. The employee average is shown regardless of sample size, with the company count beside it in the same table. Company rows remain visible in those cases, with the reason standing where a withheld value would be.
Real estate investment trusts, special purpose acquisition companies, and foreign-incorporated listings stay out of the main table. Banks, insurers, brokerages, and other financial filers are included, though their business structure makes per-head pay hard to read alongside an operating company's. Filed values on the wrong digit scale are converted to a common basis against the company's own filings in other years, while values without such a basis or with currency questions show a reason instead of an amount, and companies with a different fiscal year end carry their closing month.
Filings can be corrected. The data is re-queried for a period after the statutory deadline so corrections land, and the reference fiscal year is the most recent one with sufficiently complete filings.
Before reading this table
- The employee average divides the filed pay total by the filed headcount. The director average is the filed per-person average as it stands, so it can differ from that total divided by that headcount, and the divided figure replaces it only where the two are plainly at odds.
- Listed filers only, and consolidated subsidiaries' staff are not included.
- These figures come from filed data whose accuracy the source institution does not guarantee.
- Every pay figure in a company row comes only from that company's own business report. Where this site computes one, it uses only the totals and headcounts that same company filed and takes no amount from anywhere else.
- Where few registered directors are covered, the per-person average approaches a few individuals' pay.
- Sharing an industry code does not mean doing the same work.
- Filed values on the wrong digit scale are converted to a common basis against the company's own filings in other years, and where no basis exists the reason shows instead of an amount.
- Classifications with thin samples publish no median or other industry figure, while the employee average is shown regardless of sample size alongside the company count.
Industry groupings and names follow Naver Finance's sector classification. The per-company figures themselves come from each company's own annual-report filings.