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Five indicators your school is in financial quicksand

 
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totefrosch



Joined: 03 Jun 2005
Posts: 6
Location: Bangkok, Thailand

PostPosted: Sat Dec 18, 2010 9:53 am    Post subject: Five indicators your school is in financial quicksand Reply with quote

Schools come and go. Some do well and some are just hanging on. As any
STIU lecturer can tell you there are five sure-fire signs a school is in trouble.

1. They won�t pay for or reimburse the teacher for work permit or visa.

2. They miss staff payroll or give 50%

3. They miss teacher payroll. But make it up a week later.

4. They ask the faculty to pay for the student�s Christmas party even though Student Affairs collects activity fees from students

5. A major investor backs out of a deal to buy interest in the school.
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NigerianWhisper



Joined: 21 Mar 2009
Posts: 176

PostPosted: Tue Dec 21, 2010 4:04 pm    Post subject: Reply with quote

Sounds pretty normal for Thailand. Smile
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