"I’d Rather Not Be a Business Owner"…230,000 Self-Employed Earn Less than Their Employees
According to recent statistics, the number of self-employed individuals earning less than the employees they hire has reached 230,000. According to recent statistics, the number of self-employed individuals earning less than the employees they hire has reached 230,000. On September 29, data received by Congressman Heo Seong-moo from the National Health Insurance Corporation revealed that out of 971,000 individual businesses subject to year-end settlement for 2022, 212,000 businesses were assessed for health insurance premiums based on the highest-paid worker's salary, and 227,000 self-employed individuals reported lower incomes than their employees. This means that 227,000 self-employed individuals declared incomes lower than their employees' salaries. The health insurance premiums paid by these 230,000 self-employed individuals amounted to approximately 222.29 billion KRW, which is 1.8 times the annual health insurance premiums of 124.3 billion KRW calculated based on the actu...