|
Job Discussion Forums "The Internet's Meeting Place for ESL/EFL Students and Teachers from Around the World!"
|
View previous topic :: View next topic |
Author |
Message |
Aristotle
Joined: 16 Jan 2003 Posts: 1388 Location: Taiwan
|
Posted: Tue Feb 11, 2003 6:40 am Post subject: Drop in Pay Rates |
|
|
The fact is, until Taiwan becomes a real country with real labor laws to protect the Foreign English Teacher's (F.E.T.'s), their will be little change in the job market. Yes, there is an economic downturn, but many companies are using it as an excuse to trim an inflated work force and increase the number of foreign, indentured servants. It is also a veiled form of corruption. The common practice here in Taiwan is to give long term employees a yearly bonus worth one to several months pay. The management lays off large numbers of employees using the economic downturn as an excuse. They then pocket a large portion of their employees bonuses and hire new workers, out of the ever expanding labor pool, after the holiday. This is a pendulum that will correct itself in a short time. English teacher rates are the same as they have always been. It is newbie teachers with no negotiating experience, that are getting lower rates.
About three years ago, rates went up about 20% in one year due to the drop in the currency exchange rate. That rate changed region wide. The pay rate has since stabilized.
If the pay rate in Japan and Korea falls, Taiwan's will as well. As Taiwan is often last on the list for F.E.T.s preferences, it will have the least fluctuation. The ever growing market for ESL teachers in China, only threatens to bring the pay up even further.
An unemployment rate of around 5% is not that significant. Their is also a growing resentment for foreign workers who are taking the local workers jobs. That could go either way. |
|
Back to top |
|
|
WorkingVaca
Joined: 16 Jan 2003 Posts: 135
|
Posted: Tue Feb 11, 2003 1:20 pm Post subject: Econ 101 |
|
|
Fascinating. Taiwan businesses using the weak economy argument to lay people off and hire cheaper workers, just like companies in the U.S. and the rest of the capitalist world. Who would have thought? |
|
Back to top |
|
|
EOD
Joined: 16 Jan 2003 Posts: 167 Location: Taiwan
|
Posted: Wed Feb 12, 2003 5:05 am Post subject: It's Not What You are Worth, It's What You Ask For! |
|
|
I have seen highly quaulified and gifted teachers working for peanuts in big name institutions, only to be cheated and deported when they make a fuss.
At the same time, I have seen large numbers of unskilled, unqualified, burger flippers, making some really good money at little hole in the wall places. Of course they usually don't make a fuss and understand how vunerable their position is.
Taiwan is a land of irony. Qualifications and experience don't come in nearly as useful as the ability to BS. |
|
Back to top |
|
|
|
|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
|
This page is maintained by the one and only Dave Sperling. Contact Dave's ESL Cafe
Copyright © 2018 Dave Sperling. All Rights Reserved.
Powered by phpBB © 2001, 2002 phpBB Group
|