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Canadian Teachers Earn 160,000KRW/hour. Nice.

 
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FDNY



Joined: 27 Sep 2010

PostPosted: Wed Jan 16, 2013 8:23 pm    Post subject: Canadian Teachers Earn 160,000KRW/hour. Nice. Reply with quote

http://business.financialpost.com/2013/01/16/teachers-should-earn-their-high-pay/

I'm definitely in the wrong country. A CAD$30,000.00 bonus for not being sick. Sweet.

Retire at 58? Kewl.
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World Traveler



Joined: 29 May 2009

PostPosted: Wed Jan 16, 2013 8:52 pm    Post subject: Reply with quote

My mother taught in the United States. She retired just this past year at age 55. She got paid for all the unused sick days she ended up not having to take (which amounted to a payout of thousands of dollars). Now, she gets a pension (roughly $40,000 a year) from now until the day she dies (which will probably be 30 years from now). If she dies before her spouse, he gets money. From 55 until 65 (when Medicare kicks in) she has free (good) health insurance, so she doesn't have to worry about that. Also, because she was at the top of the payscale, the district paid her a bonus of $25,000 to stop working. (It is cheaper for them to have younger newbs on the payroll.)
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12ax7



Joined: 07 Nov 2009

PostPosted: Wed Jan 16, 2013 10:14 pm    Post subject: Reply with quote

Well, uni jobs here in South Korea aren't bad either. You'll earn anywhere from 65$ to 100$ per hour when you divide your yearly salary plus overtime and bonuses by the number of actual hours you spend in class. You'll also get a 3-4% pay raise per year (whatever is negotiated by the union and your employer). Pension sucks, though.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Thu Jan 17, 2013 1:31 am    Post subject: Reply with quote

The pay per hour may be decent but with the low hours the net jingle in the jeans at the end of the year just sucks for Uni EFL staff.

Just about everything else, including kindy, pays better in the long run.

.
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12ax7



Joined: 07 Nov 2009

PostPosted: Thu Jan 17, 2013 2:49 am    Post subject: Reply with quote

ttompatz wrote:
The pay per hour may be decent but with the low hours the net jingle in the jeans at the end of the year just sucks for Uni EFL staff.

Just about everything else, including kindy, pays better in the long run.

.


Depends on your level of education and the number of years you've been employed at the same place. Once you've reached a certain salary, a 3% yearly raise becomes a considerable bump up.
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