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The End of English
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SuperfuzzBigmuff



Joined: 12 Mar 2017

PostPosted: Thu Mar 22, 2018 2:59 am    Post subject: Re: The End of English Reply with quote

isitts wrote:
goat wrote:
It looks as if English Education, in Korea, is doomed. It's going to be brought to an end through Elementary 2.

What's your Plan B as the market shrinks?

I'd teach somewhere else. I taught in China last year. Wasn't bad. A few inconveniences (internet, sending money home), but ultimately, I could go back if things shrunk too much here. Some schools pay better than here and the vacation is way longer.

There are a few other places I'd check out, too.

Anyway, yeah. Plenty of other countries in the sea.


Really? Given I want a $2800 min salary; not paid hourly; non-related BA and CELTA

Japan - market flooded
Vietnam - no easy getting well-paid FT gigs
Cambodia - a joke
Indonesia - a joke
Thailand - a joke

Where should I go? I've heard first-hand the ME isn't what it used to be.
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BigBuds



Joined: 15 Sep 2005
Location: Changwon

PostPosted: Thu Mar 22, 2018 5:05 am    Post subject: Reply with quote

It's far from doomed.

I was here for quite a few years before public school jobs even existed and the English education business was doing just fine.

Public school jobs are the reason why the mega hagwons disappeared. When I came to my city it had a population of roughly 500,000, The largest hagwon had 1200-1300 students. And there were quite a few hagwons with 700-1000 students.
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World Traveler



Joined: 29 May 2009

PostPosted: Thu Mar 22, 2018 1:41 pm    Post subject: Reply with quote

Maybe one could say less profitable than before, generally speaking?

I remember you were bragging about making 20 million a month profit minimum from your hagwon and recruiting business. Still pulling that? I doubt it. But I could be wrong. Am I?
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BigBuds



Joined: 15 Sep 2005
Location: Changwon

PostPosted: Thu Mar 22, 2018 11:13 pm    Post subject: Reply with quote

World Traveler wrote:
Maybe one could say less profitable than before, generally speaking?

I remember you were bragging about making 20 million a month profit minimum from your hagwon and recruiting business. Still pulling that? I doubt it. But I could be wrong. Am I?


I stopped the recruiting when my son was born. It's too time consuming and I prefer to spend that time with him.

As for making that kind of money. I'm making quite a bit more than that these days. My hagwon is triple the size now with well over 300 students.
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goat



Joined: 23 Feb 2010

PostPosted: Fri Mar 23, 2018 5:24 pm    Post subject: Reply with quote

It must be depressing for anyone not bringing in 4 million a month NET Profit.

Sad
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isitts



Joined: 25 Dec 2008
Location: Korea

PostPosted: Fri Mar 23, 2018 7:47 pm    Post subject: Re: The End of English Reply with quote

SuperfuzzBigmuff wrote:
Really? Given I want a $2800 min salary; not paid hourly; non-related BA and CELTA

Japan - market flooded
Vietnam - no easy getting well-paid FT gigs
Cambodia - a joke
Indonesia - a joke
Thailand - a joke

Where should I go? I've heard first-hand the ME isn't what it used to be.

You’re not making that with most jobs here. In China I was making 15,000 RMB which is about 2.5 million won. Housing allowance was an additional 3,000 RMB (515,000 won). Cost of living is less there. Add private lessons and your $2,800 is fairly easy to attain.
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denverdeath



Joined: 21 May 2005
Location: Boo-sahn

PostPosted: Sat Mar 24, 2018 1:38 am    Post subject: Reply with quote

goat wrote:
It must be depressing for anyone not bringing in 4 million a month NET Profit.

Sad


It could/can be, especially for those on an F visa. Most Fs can make 4-5 monthly fairly easily if theyre not completely lazy aSS3s. An E2? Busan has 2.1-2.3 for the norm still these days. Nothing to be ashamed about. The market has been stagnant, at best, for LOTS of years.
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goat



Joined: 23 Feb 2010

PostPosted: Sat Mar 24, 2018 2:05 am    Post subject: Reply with quote

denverdeath wrote:
goat wrote:
It must be depressing for anyone not bringing in 4 million a month NET Profit.

Sad


It could/can be, especially for those on an F visa. Most Fs can make 4-5 monthly fairly easily if theyre not completely lazy aSS3s. An E2? Busan has 2.1-2.3 for the norm still these days. Nothing to be ashamed about. The market has been stagnant, at best, for LOTS of years.


You're right. Heck, 2.0 is a good salary in this economy.
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