Summary
If you make 14,408,334 원 a year living in South Korea, you will be taxed 1,726,868 원. That means that your net pay will be 12,681,466 원 per year, or 1,056,789 원 per month. Your average tax rate is 12.0% and your marginal tax rate is 13.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 원 in your salary will be taxed 12.98 원, hence, your net pay will only increase by 87.02 원.
Bonus Example
A 1,000 원 bonus will generate an extra 870 원 of net incomes. A 5,000 원 bonus will generate an extra 4,351 원 of net incomes.