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interac first pay

 
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stefanreynolds



Joined: 12 Mar 2010
Posts: 34

PostPosted: Wed Jul 14, 2010 9:11 am    Post subject: interac first pay Reply with quote

how much is the interac first pay? does it get paid after 6 weeks or 8 weeks? and is it partial? and as it gets paid in arrears do you get paid double at the end of the year?
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seklarwia



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

PostPosted: Wed Jul 14, 2010 10:38 am    Post subject: Reply with quote

It depends on when exactly you start your first day of work and yes, first and last contract months are pro-rata. But you should know that since it was in the employment agreement you signed and sent back when you accepted.

You get paid at the end of the following month which is why they say 6-8 weeks (not 6 or 8 weeks as you said). If you start half way through the month, it will be 6 weeks until your first pay day but you'll only be receiving half pay. Start at the beginning and you'll be waiting closer to 8 weeks but you will receive closer to full pay. You will be paid from start date on the contract you will sign when you get here, which you can guarentee will be your first full school day (you may even be in the classroom on this day - so have a really interesting 50 min self intro ready just incase your school(s) put you on the spot).

If you are offered and accept a re-sign after the end of the contract in March (contracts always run until the end of the academic year regardless of when you start), you'll get paid as per normal receiving March pay at the end of April. I don't know how it works if you are not re-signing.
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Glenski



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

PostPosted: Wed Jul 14, 2010 12:58 pm    Post subject: Re: interac first pay Reply with quote

stefanreynolds wrote:
how much is the interac first pay? does it get paid after 6 weeks or 8 weeks? and is it partial? and as it gets paid in arrears do you get paid double at the end of the year?
The English FAQ says this:
What is the monthly salary?
Interac offers a salary ranging from 230,000 JPY to 250,000 JPY depending on the position requirements. 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.

When is payday?
Interac ALTs receive a monthly paycheck, deposited into their postal 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.

How much money will I need to bring with me to Japan for setup costs?
It is recommended that successful hires bring at least 500,000JPY to ensure a smooth transition in moving to Japan. This money will be used to pay initial costs for an apartment, buying household supplies, furniture, and to have enough to live on before receiving your first salary, which is paid in arrears (the end of the following month).
https://www.interacnetwork.com/recruit/


One might think you either have ESP, or you don't trust the FAQ on the site, or something else is up.
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seklarwia



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

PostPosted: Wed Jul 14, 2010 1:07 pm    Post subject: Re: interac first pay Reply with quote

Glenski wrote:
One might think you either have ESP, or you don't trust the FAQ on the site, or something else is up.

Probably more that the FAQ section that you quoted only answers 1 out of the 4 of his questions and with regards to the second question which it did answer; he's clearly misread the info.
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fujisan



Joined: 24 Jun 2010
Posts: 42

PostPosted: Tue Sep 07, 2010 11:03 am    Post subject: Reply with quote

I heard a rumor, mind you that it's only a rumor, that Interac teachers won't be paid next month.
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rxk22



Joined: 19 May 2010
Posts: 1629

PostPosted: Tue Sep 07, 2010 1:25 pm    Post subject: Reply with quote

Take your pay 230,000 or whatever and find out how many work days you had in your first month. Then take that number and divide it by how many potential work days there are in the month. Take that number, prolly .7123 and times that by your normal payrate.

My first paycheck was like 70,000 for April
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