K-Diligence

National Pension Service data

How many people work there?

Every Korean employer files a monthly pension contribution for each member of staff, and those filings are public. So headcount, average pay and a year of staffing history are checkable — whatever the company brochure says.

Corporations with three or more subscribers, sole traders with ten or more.

What this tells you

01

Real headcount

Not the number in the company profile — the number of people it actually paid contributions for last month.

02

Average pay

Recovered from the contribution bill, the subscriber count and that month's statutory rate.

03

Twelve-month trend

Whether staffing is rising or falling. A single month cannot show you this at all.

A high-floor boardroom looking out over a city at dusk

Filed figures, not brochure figures

The hardest thing to establish in diligence is how big a counterparty really is. Headcount appears in the company profile with nothing behind it, and financial statements arrive once a year.

Pension filings accumulate every month, and each one is backed by money the company actually paid. A firm can inflate a headcount in a slide; it cannot make an unpaid contribution look paid.

Subscribers can come out lower than the real workforce, but never higher. That asymmetry is what makes the number worth checking.

Professionals reviewing documents around a meeting table

Who looks this up

  • Overseas buyers

    Checking whether the two-hundred-person factory in the pitch deck exists.

  • Companies before they pay

    Confirming a counterparty is the size it claims, before the invoice clears.

  • People weighing an offer

    Whether the salary is in line, and whether the team has been shrinking.