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Breakdown of Interac pay
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El_Mero_Mero



Joined: 27 Jan 2009
Posts: 45

PostPosted: Tue Feb 03, 2009 9:11 am    Post subject: Breakdown of Interac pay Reply with quote

Can anyone explain Interac's pay breakdown for a newbie? I saw it at the training but I didn't take notes. The base pay is 250000 yen per month. And then there's something about taxes, and health insurance?

P.S.- I only plan on working the 1 year.
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Tue Feb 03, 2009 12:21 pm    Post subject: Reply with quote

From Interac's FAQ:

Most Interac ALTs qualify for a salary of 250,000 yen (230,000 base salary + 20,000 attendence bonus) per month, before withholding and city taxes which average 10%. The monthly salary includes an attendance bonus component which is paid in full each month if all professional responsibilities are executed. There are assignments that will pay more based upon your Japanese ability, teaching experience, and willingness to accept an isolated assignment. These salaries can range from 250,000JPY a month to 260,000JPY a month. The remuneration for ALT�s renewing contracts for a second year or more will in some cases differ from branch to branch, depending on their own internal policy.


So, your base pay is 230,000 not 250,000. Cheapskates.

Also:
Interac ALTs receive a monthly paycheck, deposited into their postal bank account that the teacher sets up themselves, on the last day of the month. When this day falls on a weekend or national holiday, the salary is deposited into the account on the previous business trading day. Depending on the starting date, the first paycheck will be received approximately six to eight weeks after commencing employment.

Emphasis above is mine. Beware!

And:
All Interac ALTs are required to enrol in a Health Insurance plan recognised by the Japanese government. A comprehensive, company subsidized Health Insurance plan is available at a cost of between 2.5 and 3.0% of the monthly salary.

So, they have their own health insurance plan like NOVA did, money from which goes into Interac's pockets? No thanks. Just how "comprehensive" it is? Ask!
http://www.interac.co.jp/recruit/faq.htm
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AgentMulderUK



Joined: 22 Sep 2003
Posts: 360
Location: Concrete jungle (Tokyo)

PostPosted: Tue Feb 03, 2009 1:41 pm    Post subject: Reply with quote

Am I right in thinking they don't even pay you a full salary during months the schools are shut?

It certainly used to be the case. Don't know about now.


That lowered monthly salary drastically.
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seklarwia



Joined: 20 Jan 2009
Posts: 1546
Location: Monkey onsen, Nagano

PostPosted: Tue Feb 03, 2009 1:57 pm    Post subject: Reply with quote

Yeah. 75% during the winter break and a measly 60% during the summer.
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Tue Feb 03, 2009 9:37 pm    Post subject: Reply with quote

Since there is no need to check for your attendance then, I suppose it is 75% or 60% of the 230,000. Do the math.
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flyer



Joined: 16 May 2003
Posts: 539
Location: Sapporo Japan

PostPosted: Wed Feb 04, 2009 2:12 am    Post subject: Reply with quote

Glenski wrote:

So, your base pay is 230,000 not 250,000. Cheapskates.



while that maybe true, in all fairness, 230,000 is about the average eikaiwa base pay before any extras (or close to it)
I worked at Nova full time and from memory my pay was that plus a few shift allowances and Nova made you work about twice as hard (as in amount of lessons and amount of prep time) so ....
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Wed Feb 04, 2009 3:04 am    Post subject: Reply with quote

flyer wrote:
Glenski wrote:

So, your base pay is 230,000 not 250,000. Cheapskates.



while that maybe true, in all fairness, 230,000 is about the average eikaiwa base pay before any extras (or close to it)
For decades it used to be 250,000 or higher. Go ahead if you want to take lower pay, but it only encourages other businesses to do the same. Look at the market now. In the past couple of years, wages have gone down.


Quote:
I worked at Nova full time and from memory my pay was that plus a few shift allowances and Nova made you work about twice as hard (as in amount of lessons and amount of prep time) so ....
So what? You are equating an ALT job with an eikaiwa? Can't do that very fairly.
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El_Mero_Mero



Joined: 27 Jan 2009
Posts: 45

PostPosted: Wed Feb 04, 2009 6:15 am    Post subject: Reply with quote

Well, though it may be difficult with the salary I will be given, I do plan on saving alot. (I've been to Japan 3 times before, so I'm not going to freak out and waste alot of money). But if I will have to subtract health insurance, some form of tax, and rent each month, then it will become pretty difficult. If I live in the Kanto area, I can get away with a guesthouse rent. But if I'm not close to my familiar areas in Kanto, then I Will need to do the whole Interac apt. or Leopalace apartment. The key money, plus monthly rent will really put a dent in my goals.
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Wed Feb 04, 2009 6:48 am    Post subject: Reply with quote

El_Mero_Mero wrote:
Well, though it may be difficult with the salary I will be given, I do plan on saving alot.
C'mon. With average costs for basic necessities, you'll have half that 250,000 left over every month. Splurge on drinking and dining and sightseeing, then sure, you'll have a hard time. Be smart with your money, and you could save US$1000 every month.

How much is "alot"[sic]?
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flyer



Joined: 16 May 2003
Posts: 539
Location: Sapporo Japan

PostPosted: Wed Feb 04, 2009 6:56 am    Post subject: Reply with quote

Glenski wrote:
So what? You are equating an ALT job with an eikaiwa? Can't do that very fairly.


well, my real point was,

... others were making interac sound like they paid wages well lower than other English Teaching work. Their wages are not the best, agreed, we all know that,
but I just wanted to point out that the pay at other English teaching work (eg eikaiwa) is about the same! (we are all fully aware that some direct hire ALTs get more and some dispatches get less)

btw. I know eikaiwa work is different to ALT. I have been both

.... I suppose what I am saying is this.
When I came to Japan the 1st time I worked at Nova and I was hpppy with my 250,000 wage (and that included shift allowanes etc) and I get amused when people cry cheapskates at similar wages
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El_Mero_Mero



Joined: 27 Jan 2009
Posts: 45

PostPosted: Thu Feb 05, 2009 1:52 am    Post subject: Reply with quote

Well,

The base pay is 230,000. Then if I can make 50000 yen extra per week. That'll bring me to 430,000 per month. By this rate I should be able to save 300,000 per month.
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RollingStone



Joined: 19 Jan 2009
Posts: 138

PostPosted: Thu Feb 05, 2009 1:56 am    Post subject: Reply with quote

El_Mero_Mero wrote:
Well,

The base pay is 230,000. Then if I can make 50000 yen extra per week. That'll bring me to 430,000 per month. By this rate I should be able to save 300,000 per month.


How the heck do you make an extra 50000/week?
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flyer



Joined: 16 May 2003
Posts: 539
Location: Sapporo Japan

PostPosted: Thu Feb 05, 2009 2:10 am    Post subject: Reply with quote

yes, that sounds strange
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eslteacherlooking



Joined: 18 Nov 2008
Posts: 32

PostPosted: Thu Feb 05, 2009 2:18 am    Post subject: Reply with quote

Please don't prostitute yourself to make that extra 500,000yen a week.
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Apsara



Joined: 20 Sep 2005
Posts: 2142
Location: Tokyo, Japan

PostPosted: Thu Feb 05, 2009 3:07 am    Post subject: Reply with quote

Yes, how are you planning on making an extra �200,000 a month? Wedding minister? You won't make it from private students, that's for sure.
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